Buyers entered at 1.225600, so is some sellers and at 1.22900
Gbp made a new high this month it seems to become bullish but as long as it's below 1.23400/800 it might pullback to the 50% retracement from low to high buyers are purchasing a high demanded price but once their SL hits on turned support 1.2222 it can fall another 3$=1.21900, before maybe resuming this was a selling point but price went higher than 1.22500
Anything still above 1.2100/1.21500 is a buy
Gbp made a new high this month it seems to become bullish but as long as it's below 1.23400/800 it might pullback to the 50% retracement from low to high buyers are purchasing a high demanded price but once their SL hits on turned support 1.2222 it can fall another 3$=1.21900, before maybe resuming this was a selling point but price went higher than 1.22500
Anything still above 1.2100/1.21500 is a buy
Idee correlate
Daily zone
GCGoldenCircle
about GBPUSD