Source: Forex Analysis
Recently, the GBP/USD has been trading upwards. As I expected, the price tested the level of 1.4279. According to the M30 time – frame, I found a rising bottom and hidden bullish divergence on the moving average oscillator in the background, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. I placed Fibonacci expansion to find potential upward targets. The upward targets are set at the price of 1.4310 and at the price of 1.4340.
Trading recommendations for today: watch for potential buying opportunities.
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