#GBPUSD - H1
📣 Upon analyzing the 1-hour timeframe, with a breakout above the internal downtrend line within the 1.2533 range, one can consider buying with a target of 1.2600.
⛔ Stop Loss: 1.2490
On the other hand, with a breakdown below the 1.2490 range, one can have a bullish outlook towards a price decline to the 1.2430 range.
⛔ Stop Loss: 1.2530