Pound targets 1.2400? With slight adjustment

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Hey traders, what are your thoughts on GBPUSD today?

On the 1-hour chart, the GBPUSD pair has confirmed its upward trend by breaking through the previous level of $1,216. It is currently being traded at 1,231 USD.

In terms of the GBPUSD forecast, we still favor the upward trend, with support at 1,227 and a target of 1,233. Alselv's preferred target and outlook for the forecast stands at $1,242.

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GBPUSD rises short-term, future promises low?
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