TradeGATEHub

GBPUSD is facing bullish pressure, potential for further rise!

Long
SAXO:GBPUSD   Livre sterling / Dollar américain
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.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.