Price broke down from the triangular pattern and fell topics the sell was quickly reversed and buyers took over. The price went as high as 1.26475=April high and may 1st saw GBPUSD crashing downward towards the 1.24000 battle zone.
Price has bounced upward @1.24000 four times making it a sweet support.
Price has used @1.24000 as resistance
Conclusion buy above 1.24000 and sell below 1.24000
Price has bounced upward @1.24000 four times making it a sweet support.
Price has used @1.24000 as resistance
Conclusion buy above 1.24000 and sell below 1.24000