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GBPUSD testing major support, potential bounce!

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Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD GBP USD gbpusdlong gbpusdshort Forex forexsignals Bitcoin (Cryptocurrency) Cryptocurrency
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trendanalysis harmonicpatterns chartpattern gbpusd gbp usd gbpusdlong gbpusdshort forex forexsignals bitcoin cryptocurrency
is testing major support at 1.3930 (horizontal overlap support, 23.6% Fibonacci retracement ). A strong bounce could occur at this level, pushing price up to our next major resistance at 1.3996 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement , 100% Fibonacci extension ).

Stochastic (34,5,3) is also seeing a bounce off its ascending support line along with a bullish divergence , a good precursor for a potential rise in price.

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Dagangan ditutup: sasaran tercapai:
Woohoo resistance target reached perfectly guys! Did any of you guys get in on this?
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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