The GBP/USD is under pressure
The GBP/USD dropped 60pips to 1.2275 in Tuesday's trading making it one of the largest movers. Looking at key levels to watch. Resistance can be seen at the 1.2315 level with first support at 1.2245. The preferred technical scenario is bearish towards 1.222 as long as 1.2315 resistance has not been touched.