VantageFX

GBPUSD right on major support, time to buy!

Long
FX:GBPUSD   British Pound / U.S. Dollar
Price is now testing major support at 1.3323 ( Fibonacci retracement , horizontal overlap support, Fibonacci extension ) and we expect to see a strong push up from this level towards 1.3460 resistance ( Fibonacci retracement , horizontal swing high resistance). Stop loss is placed at the overlap support and slightly below a fibonacci retracement to protect our position.