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98732487367

Continued GBP strength

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
98732487367 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Fibonacci Beyond Technical Analysis
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supportandresistance fibonacci beyondta
With good data coming out of the UK and further room for GBP strength, any pullbacks could open a buy GBP position. With a BoE meeting on Thursday with an Interest Rate decision, all eyes will be on this weeks CPI and Labour data for signs of a slow down.
Comment:
EURGBP TP1 at 23.6% fib TP2 at .9051 support
GBPUSD TP1 at 1.3275 resistance where we could see a small pullback and then on to TP2 at 1.3444
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