Buying opportunity on GBPUSD

Today I want to present this buying opportunity on GBPUSD as the pair broke about it's 1.2340 - 1.2070 range and it's heading up to test 1.2660 resistance level.

We are back in the 1.2 - 1.4 range pattern

As long as 1.200 support holds there is no reason why the pair will not test the 1.4 long term resistance and with these being said we can look for buying opportunities. One of them is right here on short term as the pair broke above 1.2340 sustained by weak US data.