GBPUSD retested the resistance level of 1.26900
👉General outlook
GBPUSD has been under buying pressure within the last day. The pair rose to the resistance level of 1.26900.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.26689.
Set your stop loss at 1.26991 above the previous high ($3.02 loss for 0.01 lot) and take profit at 1.26388 ($3.02 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
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