GBPUSD bouncing toward swing area and topside trend line

The 1.2314-16 area and topside trend line at  1.23216 eyed
The GBPUSD moved lower into the London session but could not get to the low from yesterday at 1.22509. The low for the day reached 1.22567 and bounced. Note that yesterday's low did dip below a lower channel trend line only to bounce quickly higher (see