GBPUSD H4 climbed above the 23.6% Fib retracement level of the recent decline from the 1.3069 high to 1.2871 low. Moreover, there was a break above a connecting bearish trend line with resistance near 1.2920.However, the pair is likely to face a strong resistance near the 1.2970 and 1.2980 levels. Besides, the 50% Fib retracement level of the recent decline from the 1.3069 high to 1.2871 low is near 1.2970.#GBP/USD# #AllforYou#
Ganline
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