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Nov 12, 2023 11:09 AM

GBPUSD ABC BULLISH PATTERN  Long

British Pound/U.S. DollarFXCM

Description

Greetings, traders, and welcome! Today, let's explore GBPUSD, which has formed an ABC bullish pattern on its daily chart. Currently, the price is trading above the long entry level (EL) at 1.21636. This promising setup unfolds with further potential, targeting Zone 1:

Targets Zone 1:

62% AB at 1.28684
79% AB at 1.30976

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