GBP/USD Outlook: Bulls Look For Renewed Attack At 1.3017 Fibo Barrier After Consolidation
<p>Cable is consolidating under new nearly five-month high at 1.3013, posted on Wednesday’s initial probe through psychological 1.30 barrier. Today’s action so far showed shallow dip, keeping immediate focus at 1.3017 Fibo barrier (76.4% of 1.3514/1.1409), but overbought daily techs continue to warn. Bids are seen at 1.2915/1.2887 (rising 5DMA / Fibo 23.6% of 1.2479/1.3013), […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/315089-gbp-usd-outlook-bulls-look-for-renewed-attack-at-1-3017-fibo-barrier-after-consolidation/">GBP/USD Outlook: Bulls Look For Renewed Attack At 1.3017 Fibo Barrier After Consolidation</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
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