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GBPUSD Testing Support, Potential For A Bounce!

Oleh ICmarkets
Broker
GBPUSD is approaching its support at 1.3011 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap support) where price could bounce up to its resistance at 1.3100 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is testing its support at 2/9% where a corresponding bounce could occur.
Chart PatternsForexforexsignalsGBPGBPUSDgbpusdlongHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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