GBPUSD has made a strong break to new day lows and below the 1.2200 level reching the low at 1.2148. The 50% of the move up from the week low comes in at 1.2175. That is the next target to get to and through. Other targets on the low level come in at 1.21253. The small rebound looks like a good oportunity for opening a short position.

Keep calm and trade responsible...
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