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Forex Analysis & Reviews: Technical Analysis of GBP/USD for May 10, 2021
The GBP/USD pair had violated the supply one located between the levels of 1.3965 - 1.4000 and is currently moving up towards a new local highs. The last high was made above 61% of Fibonacci projection located at the level of 1.4011 at 1.4056. The local technical support is seen at the level of 1.4011 and 1.4000. The next target for bulls is located at the level of 1.4080 and 1.4141/. Please notice, the overbought market conditions are now showing some potential pullback towards the support might occur soon. The momentum remains strong and positive, which supports the short-term general bullish outlook for GBP
Lebih lengkapnya lihat disini => https://www.instaforex.com/forex_analysis/220641

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