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GBPUSD Potential Upsides

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Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.24200. GBPUSD was trading in a down trend but then successfully managed to break it out. if we manage to get a pullback we will look for a potential retrace of the trend around the 1.24 support and resistance zone. Fundamentally all US data were soft and signals a less restrictive monetary policy if CPI tomorrow comes soft that should be a good indicator for the upsides.
Feel free to ask any question in the comment section.
Trade safe, Joe.

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