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GBPUSD Approaching Support, Potential For A Bounce

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
ICmarkets Broker  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD GBP USD gbpusdlong aud CAD chf EUR
72
0
trendanalysis harmonicpatterns chartpattern gbpusd gbp usd gbpusdlong aud cad chf eur
GBPUSD is approaching its support at 1.3062(100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.3201 (61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 2.5% where a corresponding bounce could occur.
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