A break here could be trouble
Now we’ve cleaned house on all those bids and support just above 1.22 we’re in danger land once again.
GBPUSD H1 chart
Pure and simply, if we can’t get back and hold above 1.2220/30 then there’s really only one way we’re going and if traders are smelling blood again, we could have another violent move below 1.22. I’m not saying it will be anything like Friday but the low 1.21’s could get a very swift visit.