Hello everyone,
A good opportunity has been detected on the GBP/USD pair.
After strong upward movement on the GBP/USD, the price
found resistance on a 61.8% Fibonacci retracement level, pulled
back and is currently correcting to the downside.
We are expecting the price to reach approximately the 1.2470
price level, where we have a 38.2% Fibonacci retracement level,
the 100 Moving Average, as well as the lower bound of the
Bollinger Bands.
A good opportunity has been detected on the GBP/USD pair.
After strong upward movement on the GBP/USD, the price
found resistance on a 61.8% Fibonacci retracement level, pulled
back and is currently correcting to the downside.
We are expecting the price to reach approximately the 1.2470
price level, where we have a 38.2% Fibonacci retracement level,
the 100 Moving Average, as well as the lower bound of the
Bollinger Bands.