You were given plenty of notice about the potential- GBP/USD edges up from lows

For many days ahead of the breakdown yesterday in the GBP/USD, the risks of that unfolding were highlighted in a number of updates here. Well, the break below 1.25 yesterday and all the prior lows set around there delivered a fall to 1.2353 later yesterday afternoon. So, that was a classic example of why it is so important to be technically aware of chart formations and potential breaks. It is hoped all readers here can understand that, because such understanding is at the heart of you making a success out of your trading endeavours, or not. Anyway, I am sure most of you get that, so moving on. The GBP/USD closed last night in the US at 1.2380. Earlier this morning the Pound edged back to 1.2407, but it is back under the 1.24 handle again just now. Of course 1.25 is now a big level on the way back up, if such a recovery does unfold. On the downside the next big level is at 1.2300. That was the April 22, 2024 low. The GBP/USD is currently trading at 1.2394