OANDA:GBPUSD   British Pound / U.S. Dollar
The support and resistance lines are placed on the up trend as it broke through the fibonacci level resistance now it will be a support line.I assume the prices will increase till the resistance line at 1.2970 then it will be going into the downtrend till it reaches the previous resistance line which will now act as a support. Do place a stop loss and watch your trades
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