GBPUSD right on major support, time to buy!
Price is now testing major support at 1.3323 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and we expect to see a strong push up from this level towards 1.3460 resistance (Fibonacci retracement, horizontal swing high resistance). Stop loss is placed at the overlap support and slightly below a fibonacci retracement to protect our position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.