Cable May Have Found Temporary Support Below 1.26500!

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In technical analysis, support levels play a pivotal role in determining potential price movements. Recently, GBPUSD demonstrated a noteworthy bounce at the 1.26500 support level. Such a rebound, often suggests the potential for further upward momentum.

Given this context, it's plausible to consider the possibility of GBPUSD aiming to retest the 1.2900 mark in the near term.


N.B!
- GBPUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades

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#cable

GBPUSD Potentially May Weaken as Pair Approaches 78.6% Fib Level

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