This market is very difficult to predict at the moment, the point is that we have very close resistance around the price level 1.2520, if we hold this level, we can consider the previous low as an sfp from which the price can start to rise, or if we do not hold this level, we will fall below it and the market will try to hold the second sfp or send the price even lower.
Elliott WaveFibonacciGBPUSDgbpusdbuygbpusd_forecastgbpusdlonggbpusdlongsetupgbpusdsetupgbpusdsignalSupport and Resistance

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