Overall, GBP/USD is trending downwards. Recently, GBP/USD moved lower into the support level of 1.22400.
Yesterday, UK chief Brexit negotiator David Frost said that the current EU mandate
Currently, GBP/USD is testing the support level of 1.22400 and its next resistance level is at 1.24400. Look for selling opportunities of GBP/USD if it breaks the support level of 1.22400.