GBP/USD potential for further upside | 28 May 2020

Name: GBP/USD potential for further upside | 28 May 2020
Uploaded: 2020-05-28T02:51:35.421188
Channel: FXCM
Description: Price is approaching our first support in line with our 100% fibonacci extension and 61.8% fibonacci retracement where we could see a further push up to our resistance level. RSI is showing signs of bullish pressure as well.

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Harmonic Patterns Chart Patterns GBPUSD gpb USD

trendanalysis harmonicpatterns chartpattern gbpusd gpb usd

Price is approaching our first support in line with our 100% fibonacci extension and 61.8% fibonacci retracement where we could see a further push up to our resistance level. RSI is showing signs of bullish pressure as well.

Comment:

Entry: 1.22332
Stop Loss: 1.21608
Take Profit: 1.23650

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