Gbp has fallen to a daily support zone which coincides with 76 fib level. 1.28500 is a monthly significant price and we are currently trading above. The monthly close is unlikely to be below here and the new monthly candle will likely go bullish initially as price retests 1.30000-1.31000. NFP tomorrow which is likely to power the move.
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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.