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GBPUSD approaching support, potential bounce!

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Tickmill Broker  
FX:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns Trend Analysis Chart Patterns GBPUSD GBP USD gbpusdlong gbpusdshort Forex forextrading forexsignals
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harmonicpatterns trendanalysis chartpattern gbpusd gbp usd gbpusdlong gbpusdshort forex forextrading forexsignals
GBPUSD is approaching our first support at 1.3212 (horizontal pullback support, 100% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 1.3350 (swing high resistance).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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