This is my price action analysis from the weekend where I highlighted the key level 1.2370 and the implications of bulls successfully taking out this level.

Currently, GBPUSD bulls have clearly broken this Key hurdle and price is on it's way to 1.25.
GBPUSD Bulls will face a small resistance at 1.25. If bulls can break it, 1.2650 will be the next target.

Currently, GBPUSD bulls have clearly broken this Key hurdle and price is on it's way to 1.25.
GBPUSD Bulls will face a small resistance at 1.25. If bulls can break it, 1.2650 will be the next target.
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Disclaimer
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.