GBP/USD approaching support, potential bounce!

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Trading Recommendation

Entry: 1.3233

Reason for Entry: 38.2% Fibonacci retracement, horizontal pullback support, 100% extension, breakout level

Take Profit : 1.35915

Reason for Take Profit:

100% extension

Stop Loss: 1.30193Reason for Stop loss:

61.8% Fibonacci retracement, Horizontal pullback support

The material has been provided by InstaForex Company – www.instaforex.com

Source:: GBP/USD approaching support, potential bounce!

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