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GBPUSD is facing bullish pressure, potential for further rise!

Long
British Pound / U.S. Dollar (SAXO:GBPUSD)  
TradeGATEHub  
SAXO:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD gbpusdlong
28
0
trendanalysis harmonicpatterns chartpattern gbpusd gbpusdlong
Price is facing bullish pressure and could rise further from our first support at 1.35188 in line with our horizontal pullback support, 23.6% Fibonacci retracement and 23.6% Fibonacci extension, towards our first resistance at 1.36199, which is in line with our horizontal swing high resistance and 61.8% Fibonacci extension. Price continues to hold above EMA (34), showing bullish pressure in line with our analysis.

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