GBPUSD has posted 1.2916 lows but demand prevailing 4 July
I've highlighted the 1.2920 area for a while now and again today in posts and order boards as being the next big support line once 1.2950 was broken.
1.2916 was also the 28 June low after the spike that day from 1.2816 to 1.2972.
Currently 1.2936 we have growing sell interest/res between 1.2950-60 as I've pointed out already this morning. More behind there at 1.2980 and 1.3000.
Thin liquidity going to prevail later today as US traders stay at home but the bots don't have a day off so we may well see some more fun and games.
If 1.2915-20 does break then more support/demand at 1.2900 and 1.2880 initially.