DON'T LONG Because Flase Break Out (Trend Still Bearish)

If we look at the GBP/USD we can see that Cable is moving sideways. Now it is in premium area's which means that there is a possibility for GBP/USD to enter the correctional phase in the nearest liquidity pool at 1.2360. As long as this pair does not pass below the 1.2222, GBP/USD will have a chance to go up at least to the 1.2484-1.2534 levels.

Price could you fake false break out but overall trend bearish.

🛑SUPPORT/RESISTANCE
✅S1= 1.2340
✅S2=1.2410
✴️R1=1.2490
✴️R2=1.2555
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GBPUSD HIT +120 PIPS