Technical: GBPUSD: Watch 1.2450 for the Next Opportunity

GBPUSD is breaking above the 1.2450 range highs I've discussed for months. The range between 1.1915 support and 1.2450 resistance has been a key factor for the pound since November. We saw sellers break the range lows on March 7th, but that resulted in a bullish fakeout. If you've followed me for a while, you know that a fakeout to one side of a pattern ...     Alert Apr 5, 2023, 12:37am Technical: GBPUSD: Watch 1.2450 for the Next Opportunity GBPUSD is breaking above the 1.2450 range highs I've discussed for months. The range between 1.1915 support and 1.2450 resistance has been a key factor for the pound since November. We saw sellers break the range lows on March 7th, but that resulted in a bullish fakeout. If you've followed me for a while, you know that a fakeout to one side of a pattern ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support