GBPUSD H4 Potential Buy Estimates

FX:GBPUSD   British Pound / U.S. Dollar
i still have a few short positions on GU

price have been bouncing off sma200 for quite a while now.
that's one of the reason for me to choose the confluence of
XC 0.786 BC 0.786 & 1 AB=CD also....200sma at 1.24300
as a potential prz.
otherwise, it would be at 1.2400 with the confluence of
XC 0.886 BC 0.886 & 1.272 AB=CD .

whatever will be will be. lets price show us what to do.
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