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GBPUSD






11/8/2018 12:39:39 AM

GBPUSD - Technical Analysis: Thursday, 08/11/2018 05:39 GMT



This report is sponsored by Adax.ae

 

The GBPUSD pair’s return to move above 61.8% Fibonacci level indicates the price head to rise again, while it recorded ascending lows that support the chances of achieving more gains.

Surpassing 1.3180 is important to confirm the continuation of the rise, and consolidating above 1.2900 keeps the bullish trend active.

 

adax


Target
Risk


Support
Resistance


Trend Bullish

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