Technicals: 1) Neckline at 12.76 surpassed triggered an inverse H&S 2) However, price closed below fractal level at 12.10. 3) This resistance surpassed will strengthen conviction towards said targets.
Technicals: 1) 3rd bounce above ascending support where GBP reacted above. 2) Perfect reaction above golden ratio for both wave 2 and wave 4.