GBPUSD........1.24000 is where the buyers and sellers battle
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
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