GBPUSD can move to the 1.28?
GBPUSD on the 4h chart is trading near to the recent lows and tested the monthly support at the 1.22 area.
The price after the last bearish impulse might carry on with the retracement to the upside and break the resistance at the 1.26 level
How can i approach this scenario?
The market tested the 1.2600 area and is now trading below a minor resistance.
I will look for a break of the structure and a possible test of the upper weekly resistance for a test of the 1.28 area.
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