In our last post, we asked you to watch the archived supply zone at 1.2200 because it becomes an important support for your trading. In fact, GBPUSD really respected the level of 1.2200 at the moment. It made a beautiful turn at here. It is around 60 pips up. We are waiting for another price action near the new supply zone this time.
For a mean time, do not forget to check our this great technical indicator list here.