GBP/USD:BUY From SUPPORT Area 50% FIBO For A LONG Setup

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Technical Indicators Fundamental Analysis GBPUSD GBP USD

trendanalysis indicator fundamental gbpusd gbp usd

GBP/USD coming from a Bullish trend, in the last session the price made a Double Bottom in confluence with the Support area and the 50% Fibonacci levels. Today the ADP Non-Farm Employment Change and the JOLTS Job Openings with negative forecast for USD can help the price to grow in its favor. We are looking for a new Long impulse.

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