GBP/USD is rising quickly.
However, the pair will need a correction soon and as the resistance level of 1.2430 is approaching, I believe that this is the level from which the market will be taking some profit, which will lead to a local move down toward the target price of 1.23000 in the short term.
However, the pair will need a correction soon and as the resistance level of 1.2430 is approaching, I believe that this is the level from which the market will be taking some profit, which will lead to a local move down toward the target price of 1.23000 in the short term.