Price has reached our target from last week @ 1.2445 and a bearish hammer is printed cleanly on our level . Bears should come into the market to drive prices lower to at least 1.2300 as Bulls have taken profit at this level. Long term the trend of GBPUSD should go bearish an head to 1.2100
Comment:
Target of 1.2300 reached. We're heading to 1.2100 next!
