The GBPUSD has tested several times the level around 1.2380s. It broke it once to the down, and now it is trading again above it. It could be a good opportunity to get long if the price gets back to that level again. It is also 61.8 retracement of the last move up. Stop is below previous structure low. Target at the last structure high.
Trade closed: target reached:
Trade closed for +120 pips