GBPUSD bounced off the support that is also a 61.8 fibo area

24 ביוני 2020

Looking at the GBPUSD price action rallying for the past 2 days after bouncing off the 61.8 fibo, it has reached a previous support now turned weekly resistance. I'm looking to buy once it breaks the resistance and retests the resistance turned support area. Target would be around the 1.278 area.