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FX.co ★ GBP/USD approaching support, potential bounce!

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Forex Analysis:::2019-11-22T03:51:19

GBP/USD approaching support, potential bounce!

Price is approaching our first support where we are expecting a bounce above this level.

Entry: 1.28978

38.2% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap support

Take Profit : 1.29731

Why it's good : 78.6% Fibonacci retracement, horizontal swing high resistance

GBP/USD approaching support, potential bounce!

Analyst InstaForex
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