Dollar is weak at moment so we can expect some retracement on this pair I am still a bear on this pair. 2 areas to consider going short.
!.2385/1.2405 Good previous sup/res. WR1 & 200MA.
1.2340/50 WM3 Daily 21. Prev S/R

GBPUSD 2 possibilities to short


Source: 4HR Chart

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