FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD D1

GBPUSD retraced to retest the key 1.22 support level and showed remarkable resilience, except for a minor 10-pip dip. It managed to stage a recovery of approximately 25-30 pips last Friday, just before the week's conclusion.

As the markets kicked off today's trading sessions, the pair swiftly surged to new heights, reaching 1.22530, surpassing last week's setup by over 2R.

Want to find our more about us? Check out the website link below!

FREE Telegram: t.me/Trade_Simple_FX

Website - stan.store/TradeSimpleFX

Instagram: www.instagram.com/trade_simple_fx

e-Mail: info@tradesimplefx.com
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.