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    HomeContributorsTechnical AnalysisTechnical Outlook: GBPUSD Extends Advance, Strong Bullish Signal On Probe Above Daily...

    Technical Outlook: GBPUSD Extends Advance, Strong Bullish Signal On Probe Above Daily Cloud

    Fresh bullish acceleration in European session broke above key barriers provided by daily cloud top and Fibo 61.8% of 1.3268/1.2773 descend, generating strong bullish signal.

    Bulls are pressuring round-figure barrier at 1.3100 and may extend to 1.3151 (Fibo 76.4%), with close above 1.3080 required to confirm.

    Hourly 10/20SMA/Tenkan-sen/Kijun-sen bull-crosses at 1.3050 underpin the action and offer solid supports.

    Res: 1.3100, 1.3151, 1.3164, 1.3200
    Sup: 1.3080, 1.3050, 1.3020, 1.3000

    Windsor Brokers Ltd
    Windsor Brokers Ltdhttp://www.windsorbrokers.com/
    The information contained in this document was obtained from sources believed to be reliable, but its accuracy or completeness cannot be guaranteed. Any opinions expressed herein are in good faith, but are subject to change without notice. No liability accepted whatsoever for any direct or consequential loss arising from the use of this document.

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