GBP/USD broke the support at 1.2620 last week and now, the price is still below the support level. That being said, a pullback in GBP/USD can not be ruled out.
If the level at 1.2550 holds, we can expect price to reach the 4H moving average at 1.2705 again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.