GBP/USD Correction before Another Move Up

1 min read

GBP/USD has turned strongly bullish. Bearish expectation are faded now by the break of previous invalidation levels.

At the moment, cable is in a pause (correction) before it moves higher. The resistance to break is 1.3025. The Fib support levels ahead are:

S1 = 1.2951

S2 = 1.2905

S3 = 1.2866

S4 = 1.2851

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