GBP/USD bouncing above major support, remain bullish for a push up
The price has started to form a nice bullish configuration. We look to buy above major support at 1.3120 (Fibonacci retracement, horizontal overlap support) for a push up to at least 1.3236 resistance (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance). Stochastic (34,3,1) is bouncing above 3% support and has good upside potential. Buy above 1.3120. […]