Before the neutral move of the US dollar in Asia, the GBP/USD pair is trading mixed, holding near 1.2645.
According to the gross domestic product report, the UK economy in April grew slightly by 0.2% compared to −0.3% in the previous month, resulting in an annual growth rate of 0.5%, well above the previous level. 0.3% in March.
The statistics confirm the possibility that the country's economy will be able to avoid a Recession.
The technical indicators are maintaining a buy signal: the fast EMAs on the "Alligator" indicator are above the signal line, and the AO histogram is forming bullish bars in the buy zone.
Impedance: 1.2700
Support Level: 1.2620 - 1.2600
BUY GBPUSD : 1.2640 - 1.2645 💯💯
✅ TP: 1.2700
🛑 SL: 1.2600