GBPUSD is approaching our first support at 1.3467 (horizontal overlap support, 38.2% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3572 (horizontal swing high resistance, 76.4% Fibonacci retracement).
Stochastic is also approaching our major support in line with the potential downside in price before it reaches our first support. A bounce off this level might be a good precursor for a potential rise in price.
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Chart PatternsForexforexsignalsforextradingGBPGBPUSDgbpusdlonggbpusdshortHarmonic PatternsTrend AnalysisUSD

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