GBPUSD BUY

It's a buy for me as it is forming higher highs and higher lows. In case if candle closes above 1.2544 then it retest the same support of 1.2544 and it goes higher.

In case if it closes below 1.2480 then it retests the 1.2480 resistance on lower timeframe and then it continues to go down.

As we have two important news today on GBP and USD both, we may expect a spike either upward or downward.