Four-hour chart of GBP/USD. The currency pair came out of the sidewall upwards. The price has tested the reversal level (7/8), from which the correctional pullback followed. However there are no medium-term reversal signals on the chart yet, so we should still consider the scenario with further growth of the price above the reversal level (7/8) as the main one. Maybe, in the future the price may reach the level of 1.2695 (8/8).

Recommendations: Buy 1.2260 TP 1.2510