Gbp/Usd is near the lower border of a long-term support around 1.48
We can see this best on the monthly chart:
Best entry for a long position would seem to be around 1.48, this point has been reached a couple of days ago
The support around 1.48 is holding and the move up should continue from here
Using the weekly chart we can predict a target level:
Fibonacci expansion level from the lows brings up up to around 1.55 on the weekly chart
The bearisch convergence on RSI and Stochistic predicted the…
We can see this best on the monthly chart:
Best entry for a long position would seem to be around 1.48, this point has been reached a couple of days ago
The support around 1.48 is holding and the move up should continue from here
Using the weekly chart we can predict a target level:
Fibonacci expansion level from the lows brings up up to around 1.55 on the weekly chart
The bearisch convergence on RSI and Stochistic predicted the…