#GBPUSD - H1
đź“Ł Upon analyzing the 1-hour timeframe, with the breakout of the 1.2400 peak, one could consider initiating a buy position with a target of 1.2460.
â›” Stop Loss: 1.2360
On the other hand, with the break of the support level at 1.2360, we could expect a price decline towards the 1.2300 level.
â›” Stop Loss: 1.2400