Potential bullish rise?

29 thg 10

GBP/USD has reacted off the support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could rise from this level to our take profit.

Entry: 1.3000
Why we like it:
There is a pullback support level that lines up with the 23.6% Fibonacci retracement.

Stop loss: 1.2976
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.

Take profit: 1.3053
Why we like it:
There is a pullback resistance level.

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