GBPUSD runs through 1.2300 as we get more fix related action

1.2305 the high in this run which started a few minutes before the London fix

We'll have to wait and see if the rally is maintained but we're still holding yesterday's high print.

GBPUSD 15m chart

I might be suckered on this but after my prior post I placed a short order at 1.2295, which went unfilled, which was then followed by the drop to 1.2268. I would usually pull the order after that as another quick return and test of a level often means a break. However, I've jumped in with a short at 1.2300 so we'll see how it goes.

Best in 2026

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