However, at the end of the previous week, we got some nice REVERSAL FORMATIONS(denoted by the yellow ellipse).
If this reversal holds, we can see GU continue towards 1.2850 and 1.3020.
However, plenty of uncertainties in British Politics will likely lead to a lot of . So, keep an eye on the 1.25 level.
In any case, I will continue to BUY THE DIPS and advise traders to BUY GBPUSD with small lots at 1.2500-1.2630 with SL below 1.2400.
TPs can be set at 1.2850, 1.3020 and 1.3150 respectively.
COPY MY Trades : https://www.forextime.com/strategy/CopyTradeAvDMFx