GBPUSD DAILY CHART –
GBPUSD tested 1.27, just shy of the key 1.2709 level but has since backed off.
tHE STRAIGHT LONE MOVE UP YESTERDAY LEAVES LITTLE IN THE WAY OF OBVIOUS SUPPORT SO EITHER LOOK AT SHORTER TIME FRAME CHARTS OR USE RETRACEMENT LEVELS.
In this regard, check out our FIBONACCI CALCULATOR and calculate FIBO levels for whatever time frame you are looking at, such as 4 hour chart