LFX

GBP/USD - BULLISH FIBONACCI

Long
FX:GBPUSD   British Pound / U.S. Dollar
5
So looking here at the Daily Fibonacci we can see we have made the A,B&C extensions and are now on our way up to D1.
I missed my entry on the break of the CTL but am now waiting to see if we made a 3rd touch of the TL.
MA are bullish on both Weekly & Daily time frames.
We are making Higher Highs (H.H) and Higher Lows (H.L) and are set to make the next H.H.
Once we hit T1 I am expecting a pullback to 1.5750 before moving up to 1.6250.
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