GBUSD under monthly resistance at 1,29

GBP/USD prices are below an important monthly resistance zone at 1.29/1.2950, ​​a return to this zone would be ideal to initiate shorts in the direction of:

1/ from oblique support towards 1.25

2/ major support zone 1.18/1.20

3/ annual support at 1.04


A monthly close above 1.29 would restart the uptrend with new targets.