Hello Traders,
GBPUSD is seems like it will retrace to 1.24750 resistance area. If this will happen we will be looking for a short position. Our first target is the 1.22500 support area, if price will break this level our main target is weekly support at 1.1500 level.

Good luck!
Thank you for your support!
Forex42

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FibonacciGBPUSDMultiple Time Frame AnalysisSupport and Resistance

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