GBP/USD Aiming For 1.2800 Mark
GBP/USD bounced yesterday with a nice, strong move, which looks like an impulsive reaction that took us above 1.2674. We see a possible wave 3) in play now, up to 1.2800 Fibonacci projection levels while the market is above 1.2530. A decline below that area will suggest that the pair is headed south for a new correction.
GBP/USD; 4h
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