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DAILY FOREX IDEAS

GBPUSD morning call

Morning traders,

Here is a quick look on one of the killer pairs out there the notorious GBPUSD.
It is was (still) near the support at 1.3160 which by coincidence is 100% Fibonacci extension and 50% Fibonacci retracement , where it could potentially bounce towards its resistance at 1.3230 61.8% Fibonacci extension and 38.2% Fibonacci retracement.
Also we see that Stochastic (55,5,3) jumped from its support level (5.1) and now starting to pull up at 7.08 so a corresponding rise could occur

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