GBPUSD Looking to long near the support region around 1.2405 (Role Reversal & S&D) with a stop around 1.2310 region and targeting 1.2720 region.
However, if the market could go lower than my 1.2300 support region, MT bullish will negated and I will look for ST short instead.
The support around 1.235 seems to have worked. This will open way to previous swing high and 1.28.
If a retracement in DXY is on the works, pound can be the best pair to take advantage of this, as it lost minimal ground against USD and just bounced from a significant support.