GBP/USD approaching support, potential bounce!


Price is approaching our first support where we are expecting a bounce above this level.

Entry: 1.28978

38.2% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap support

Take Profit : 1.29731

Why it's good : 78.6% Fibonacci retracement, horizontal swing high resistance



*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.