GBP/USD Price Analysis: Bears step in to test bulls at key suport GBPUSD Currencies Technical Analysis
A 61.8% Fibonacci is in focus which is near prior highs of 1.2200.
It was stated that while holding above 1.2200, the focus is on the upside with the bulls taking on equal highs from February in the upper quarter of theHowever, still, if the bears move in, considering that the price is on the backside of the prior dominant bull trend, then there will be prospects of a break of the micro bull trend and structure in and around 1.2200.GBP/USD is testing a prior resistance and an equal highs level near 1.2270.
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