The price of GBP/USD in heading in the direction of 1.2252. Despite the recent breakout through 1.2176 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
It’s time to make a decision on GBP/USD – its recent breach of 1.2176 could be a sign of a new trend to follow.
