Gold-Tech

๐Ÿ’ฑGBPUSD - The upward trend continues. A rebound from support

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Gold-Tech ืžืขื•ื“ื›ืŸ   
FX:GBPUSD   ืœื™ืจื” ืฉื˜ืจืœื™ื ื’ / ื“ื•ืœืจ ืืžืจื™ืงืื™
GBPUSD forms a retest of the trend support, and on D1 the price is testing a key area. Most likely from the support area the price can form a significant bounce.

TA on the high timeframe:
1) False break of support 0.236 Fibo is formed
2) On H4 the price also tests the key liquidity area.

TA on the low timeframe:
1) The pound is testing uptrend support. Consolidation is forming.
2) There is consolidation near the local level 1.27370, which may help to overcome resistance and continue growth.
3) The trend is ascending; a rebound from the support may form a strong rally

Key support๐Ÿ“‰: 1.26989
Key resistance๐Ÿ“ˆ: 1.28000
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