GBPUSD short term bias has turned positive.GBPUSD - 24h expiry -
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A lower correction is expected.
Previous resistance level of 1.2204 broken.
Short term bias has turned positive.
We look to buy dips.
We look to Buy at 1.2170 (stop at 1.2105)
Our profit targets will be 1.2330 and 1.2360
Resistance: 1.2450 / 1.3020 / 1.3750
Support: 1.2050 / 1.1650 / 1.1160
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