namah

GU - critically placed

namah Updated   
FX:GBPUSD   British Pound / U.S. Dollar
3
a break of 1.2475-80, can be bearish for the pair - a move towards 1.2360. Else if it respects rising wedge, then back to 1.2550+ possible.
Comment:
and post the break of 1.2475, we saw a drop to 1.2379 :)
CMP 1.2464, below 1.2475 is still bearish
Comment:
...and bearishness continues:)
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