FX:GBPUSD British Pound/U.S. Dollar
Cable fell to 1.2080 two weeks back where pair found a support and from there turned up in impulsive fashion. It looks like a nice reversal spike that sent price move in play. We are now looking up towards the 1.2600 area, after wave (4) pullback which can be looking for a base at 1.2350-1.12400 support area.