FXCM

GBPUSD is approaching support, potential bounce | 29 Apr 2021

Long
FX:GBPUSD   British Pound / U.S. Dollar

Prices are approaching our support in line with our graphical support level , 38.2% retracement and 78.6% extension where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.

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