GBPUSD is based above key level at 1.2988
Price is supported above HVN at level 1.2997 which indicates that pair is in accumulation phase
Pair is above demand zone at 1.2960 which represents 50% Fibonacci level of preceding strong bullish wave
RSI is near oversold region
It's expected for coming bullish wave to target supply zone at level 1.3210
Price is supported above HVN at level 1.2997 which indicates that pair is in accumulation phase
Pair is above demand zone at 1.2960 which represents 50% Fibonacci level of preceding strong bullish wave
RSI is near oversold region
It's expected for coming bullish wave to target supply zone at level 1.3210