Hello everyone, A good opportunity has been detected on the GBP/USD pair. After strong upward movement on the GBP/USD, the price is expected to find resistance on an 88.6% Fibonacci retracement level, on a 161.8% Fibonacci extension level and on the return line of the upward channel. We are expecting the price to pull back and reach approximately the 1.2500 price level, which is also a major psychological support point, where we have the trendline of the upward channel.
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