The pound is showing early signs of strength in the snail-paced Asian session.
If the bulls stay in charge, we should see the tempo pickup in the London session.
GBPUSD forecast for today.
Testing the 1.24619 level is within reach. If we get there, then the bulls will eye 1.25197 and above.
Price may reverse back immediately or bounce off the 1.24619 level and head for 1.2368 and below.
The weekly chart is interesting.
The continued rise of the GBPUSD may soon end, followed by a massive sell off to the March, 2020 lows.
It goes without saying, be alert with your positions.
Stay in the green pip zone.
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