GBPUSD Bounced Off Support, Potential Rise!
GBPUSD bounced nicely off its support at 1.2988 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3079 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34, 5, 3) is bounced off near its support at 5.3% where a corresponding rise could occur.
Stochastic (34, 5, 3) is bounced off near its support at 5.3% where a corresponding rise could occur.
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