Yesterday, GBPUSD price broke the resistance of 1.2610, as well as it hit high of 1.2668. Afterward, it retreated, and the pound closed the day with around 29-pip gain. as it gave positive closing in daily chart probably it will give positive movement today as well. If the price consolidates below 1.2590, it may slip up to 1.2524. On other hand if it consolidating above 1.2640 it may rise to the level of 1.2745.
Currently GBP/USD is trading on uptrend
Today’s important levels are 1.2576, 1.2622, 1.2666 and 1.2712
Trading Strategy: Buy On Dip
Trade setup: Pullback buy around 1.2610, deeper buy around 1.2575
Safe swing sell below 1.2520
Safe swing buy above 1.2685