OraclePips

GU UPDATE: SELL; ANALYSIS CHART: H1

Short
FX:GBPUSD   British Pound / U.S. Dollar
Currently, the price is below the resistance zone of 1.2226. It has failed to make the new high. It's unable to break the 1.2226 resistance level to the upside. There is an 85% probability that the price could continue going down to 1.2140. If 1.2240 is broken, then expect the price to continue moving down to the level of 1.1952.

First TP: 1.2140. Second TP: 1.1952.

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