On the weekly, GBPUSD has dropped to 200MA + 1st Support around 1.30000. With options expirations this week, we could expect GBPUSD to have a bounce.
On the H4, price is coming into Fib confluence support around 1.2966-1.30000. With Stochastic also at support, we could expect GBPUSD to have a short-term bounce soon.
This is for personal record purposes only, not financial advise or solicitation of trade.
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