GBPUSD holding above ascending trendline support. A short term push up above our 1st support at 1.38688 towards our 1st resistance at 1.39293 could be possible. Stochastic is testing support as well.
Trading Recommendation
Entry: 1.38688
Reason for Entry:
61.8% Fibonacci retracement, ascending trendline support
Take Profit: 1.39293
Reason for Take Profit:
Graphical swing high
Stop Loss: 1.38357
Reason for Stop Loss:
Graphical swing low
