GBP/USD mark: 1.2371
Forecast: Upside
Key points:
D1
1st Support: 1.2371
Ichimoku Senkou Span B: 1.2346
Resistance: 1.2635
On chart
The range betwenn 1.2340 - 1.2370 criticall: is where Fibonacci Retracement (50%) 1st support and Ichimoku Senkou Span B are located. I think price will retrace from here. If not it will go further down until 1.2200 and 1.2100.
Forecast: Upside
Key points:
D1
1st Support: 1.2371
Ichimoku Senkou Span B: 1.2346
Resistance: 1.2635
On chart
The range betwenn 1.2340 - 1.2370 criticall: is where Fibonacci Retracement (50%) 1st support and Ichimoku Senkou Span B are located. I think price will retrace from here. If not it will go further down until 1.2200 and 1.2100.