Technical analysis:
GBP/USD has been trading downside this morning but there is the strong support zone and lower trend-line, which is sign that buyers can join.
Trading recommendation:
Due to the strong upside pressure in the background and potential for the upside continuation, I see further growth on the GBP/USD
Watch for the potential buying opportunities in case of the breakout of the support at 1.2340.
Upside objective is set the price of 1.2410
MACD oscillator is showing decrease in the downside reading and potential upside movement.
Key support is set at the price of 1.2315