Contributors Technical Analysis Technical 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

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