FX:GBPUSD   British Pound / U.S. Dollar
The overbought Sterling is likely to retrace back up to 1.2200, the 38.2% Fibonacci retracement level. Below this, the GBP/USD may find support around 1.2190, 50% and 1.2170, 61.8% Fibo levels.
It's make a aggressive V-formation probably the price would go up for sure at a higher price all it's need test phase.
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