GBPUSD is approaching support, potential bounce | 29 Apr 2021

GBPUSD is approaching support, potential bounce | 29 Apr 2021 for FX:GBPUSD by FXCM

GBPUSD is approaching support, potential bounce | 29 Apr 2021



Prices are approaching our support in line with our graphical support level , 38.2% retracement and 78.6% extension where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.