FX:GBPUSD   British Pound / U.S. Dollar
GU seems to be gaining momentum after 21 days of consolidation.

Buyers in control until 1.2487 then re-analysis is needed.

If sellers break 1.2157 then we can confidently say shorts are preferred

Comment:
3rd arrow is still in play.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.