GBPUSD 4 HOUR CHART – 1.25-1.26?
While the earlier fall-off-a-cliff move was unnerving, GBPUSD remains within 1.25-1.26, suggesting the 1.2550 level will dictate its intra-day bias.
As noted earlier, 1.2500-02 is a key level as there is qa voud below it.
On the upside, 1.2570-94 guards the key 1.2634 level.