GBPUSDThe best strategy is between 1.2426 and 1.1922. that we see the completion of the 0-5 harmonic pattern. The defined target of the pattern is after the completion of the 50% corrective Fibo range, which has formed an important resistance at the intersection with the 1.2027 pivot point range. With the possibility of forming a positive divergence in the area of 1.1922 and breaking the trend line with a higher slope, more flexibility can be considered for the upward target, and in case of breaking the resistance of 1.2072, we can expect the completion of the reciprocal pattern in the range of 1.2111, and in case of breaking The target was 1.2175 D in the static range of A pattern.
