Outlook on GBPUSD: Bullish play seen
Prices are facing bullish pressure from its ascending trend line and Ichimoku cloud and a pullback to test the support zone at 1.37400, which coincides with the 127.2%, 38.2% Fibonacci retracement and 127.2% Fibonacci extension, presents an opportunity to play the bounce to the next resistance target at 1.38500.
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