GBP/USD Pullback in Progress – A Buy Opportunity Ahead?Hello traders!
What’s your take on FX:GBPUSD ?
GBP/USD has entered a correction phase after its recent rally and is now testing a key resistance zone.
Despite the short-term pullback, the medium to long-term trend remains bullish.
I expect the price to complete its retracement near the identified support area (around the 0.618 Fibonacci retracement level), and then resume its upward move toward the next target above resistance.
This pullback could present a buying opportunity in line with the broader trend.
Be sure to manage your risk wisely with proper TP and SL placements.
