Possible targets : @1.24550 (+130pips) OR @1.27500 (+70 pips).
Advice : Scalp by selling any high points until you reach the low of the year 1.24550 or wait for a reversal and buy while targeting 1.27500.
Correlated pairs : GBPCHF (94.8%), GBPJPY (92.8%), US2000 (87.7%) and EURGBP (-94.3%).
We are more likely to experience a test of the year's low with GBPCHF , GBPJPY while a test of the year's high with EURGBP . US2000 in another hand is , eventually confirming an upcoming reversal for the GBP pairs.