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GBP/USD Bulls are Relentless

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The POC zone 1.2845-60 should provide bounce for new buyers. If we see a retracement, the POC zone is where buyers are. However, as the trend is strong, we might see a bounce at 14.6 fib. The first target is 1.2961, followed by 1.2992 and 1.3045. If the market gets to DH4 and above, we should see some retracement due to profit taking.

 

GBP/USD Bulls are Relentless

 

The Analysis has been done with the CAMMACD.Core and Sit Systems

 

https://www.fxempire.com/forec...

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