Will GBP/USD manage to rise?

18 Sep 2023

On GBP/USD, we have a price that is within a buying range, between the levels 1.2340 and 1.24. Currently, my objective is to look for a structural breakout on M15 during the London session at opening and closing, and during the New York opening. The price could reach the selling range at the 0.38% Fibonacci level at 1.2435 and then test the second selling range at level 1.25, which is the 0.5% Fibonacci level. Let me know what you think. Happy trading to everyone, from Nicola.