Today the GBP/USD is mostly trading sideways but above the 1.21750 level. It's a is very crucial level as it can bring a bullish reversal in GBPUSD until 1.2240 and 1.2277. Whereas, a bearish breakout of this level can extend bearish rally until 1.2134.
Consider staying bullish above 1.21750 to target 1.222 and 1.2256. On the lower side, short selling can be done under 1.21750 until 1.209.
All the best!
Consider staying bullish above 1.21750 to target 1.222 and 1.2256. On the lower side, short selling can be done under 1.21750 until 1.209.
All the best!