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GBPUSD | New perspective

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FX:GBPUSD   Paun British / Dolar A.S.
The appearance of a reversal pattern on the 2H time frame coupled with recent bullish traction across GBP pairs, we might be looking forward to a short term recovery and a profit target at a point where the bullish trendline (identified in the 2H timeframe) share a confluence with the key level at 1.26.

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Komen:
We are currently witnessing a retest of structure hereby anticipating a potential uptrend continuation. However, a breakdown/retest of 1.2660 will negate any bullish bias at this juncture in the market.

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