With the dollar mixed to softer in quiet trade as broader undertone remains weak, sterling can take this opportunity to progress into the next fibonacci D extension zone at 1.3250 which is a huge key level for the pair. As long a we are aware of the 1.3000 psychological level and can keep our stops tight, a decent buying opportunity is here on GBP/USD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.