GBP/USDÂ is continuing higher as expected within an extended red wave 3) that can be looking for 1.2400-1.2430 area in days ahead, but after a short-term corrective set-back down in black wave 4 which can be around the corner. Any downward intraday retracement can look for a support at 1.2300-1,2280 zone.
GBP/USD, 1H
