Libra Esterlina/Dólar Americano
Long

GBPUSD approaching support, potential bounce!

1 222
GBPUSD is approaching our first support at 1.3040 (horizontal pullback support, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3218 (horizontal swing high resistance).
Stochastic (21,5,3) is also approaching support where we might see a corresponding rise in price.
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