GBPUSD facing bullish pressure, potential for further upside!
GBPUSD is facing bullish pressure from 1st support at 1.41270, in line with 38.2% fibonacci retracement and horizontal swing low support. We could see a bounce on the 1st support level towards the 1st resistance at 1.42074 which coincides with the 61.8% fibonacci extension level. EMA is also suggesting that the price is bullish.
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