Hello everyone, A good opportunity has been detected on the GBP/USD pair. After strong upward movement on the GBP/USD, the price found resistance on a 61.8% Fibonacci retracement level, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 1.2470 price level, where we have a 38.2% Fibonacci retracement level, the 100 Moving Average, as well as the lower bound of the Bollinger Bands.
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