GBPUSD | FIB + HARMONICS

١٢ أكتوبر ٢٠٢٢

GBPUSD has made a low of 1.0350 and took support from horizontal zone. The price has been in bullish trend . The price has retraced to 0.50 fib level from its recent high . The same zone is also a horizontal support area .
The Harmonic pattern AB=CD will be valid only if bulls manage to hold support zone .
The RSI has also printed Bullish divergence too.
The bulls can show strong momentum at support zone .
Manage your trades accordingly.