FX.co ★ Daily Video Analysis: GBPUSD to climb from upside confirmation, potential bounce!

Today we take a look at GBPUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. GBPUSD to climb from its upside confirmation at 1.34409, which is in line with our 100% Fibonacci extension and -27.2% Fibonacci retracement, where it could potentially bounce further to 1.33512, in line with our 161.8% Fibonacci extension level.