SimpleFxPRO

GBPUSD Downtrend continuation

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
So we see that the ares of 1.22664 has acted as support multiple times in the recent past, that level was broken to make a new low, but price has now come back to re test that level, which is now turning into resistance. So this is reason for taking a short at least to the next level of support as TP1 .