GBPUSD - Intraday - We look to Buy at 1.2490 (stop at 1.2450)
A 5 wave bearish count has been completed at 1.2439. Buying posted in Asia. Bespoke resistance is located at 1.2575. The 261.8% Fibonacci extension is located at 1.2539 from 1.2439 to 1.2477. Risk/reward is ample to call a buy trade. Bespoke support is located at 1.2490. The 50% Fibonacci retracement is located at 1.2488 from 1.1239 to 1.2538.