On GBP/USD chart we can see in the past days an 80 pips downtrend oscilation, but not enough strong. As you know from our past analytics GBP/USD has reached on the the 1.20900 .We can see a strong buy zone at this level in the past on: 2016.10.06, 2017.01.17, 2017.01.09.
We can see on H1 chat a good confimation on 1.21100 level with a possible uptrend arround 350 pips. Our first target in the upcoming days is 1.24680 resistence level.
Stay tunned for more! Regards RoTradeAlerts!