GBP/USD Price Analysis: Bulls eye a deeper daily correction GBPUSD Technical Analysis
GBP/USD bulls could be about to move in again around the 1.2500s. , whereby the pair was running into a potential area of support as the following technical analysis illustrated:The price has rallied to the intended target area, a 38.2% Fibonacci, but could there be more to come? From a 4-hour chart´s perspective, the price is potentially rounding out an inverse head and shoulders pattern with the right hand should in the early phases. A correction into a 38.2% Fibonacci area, around the 1.
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