GBPUSD created a resistance at 1.2690 level.
Price action on the 4H timeframe showed a rejection ot the 1.2700 psychological support level. We can expect a pullback of the price up to 1.2820 - 1.2850.
If prices failed to break the resistance at 1.2827 it may move sideways in this level.
If prices go down 1.2700 and break that support, price may go deep down to 1.2546.
Refer to chart for full view of the possible movements.
Price action on the 4H timeframe showed a rejection ot the 1.2700 psychological support level. We can expect a pullback of the price up to 1.2820 - 1.2850.
If prices failed to break the resistance at 1.2827 it may move sideways in this level.
If prices go down 1.2700 and break that support, price may go deep down to 1.2546.
Refer to chart for full view of the possible movements.