Technical analysis of GBP/USD for January 22, 2018

Overview: The GBP/USD pair set above strong support at the level of 1.3758, which coincides with the 61.8% Fibonacci retracement level. This support has been rejected for four times confirming uptrend veracity. Thus, major support is seen at the level of 1.3758 because the trend is still showing strength above it. Accordingly, the pair is […]