British Pound / U.S. Dollar
Long
Updated

GBP/USD:BUY From 50% FIBO After Positive Economic News LONG

472
GBP/USD continues its bullish momentum with a pullback on the 50% FIBONACCI retracement and the price is making Higher-highs and Higher-lows inside a raising channel where today the value may increase their value with a new impulse to the up-side.
Today’s UK employment shows an Average Earnings Excluding Bonus increase from the last month and the pair can take this good news to make new highs.
Note
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.