Broken Fibo support at 1.2924 (61.8% of 1.3434/1.2099 downtrend) offers immediate support, followed by rising 10 DMA (1.2850), guarding lower pivot at 1.2792 (200DMA). Limited downticks to keep bulls ...
GBP/USD trades comfortably above 1.2900 in the European session on Tuesday. The pair could encounter a strong resistance at 1.2975. A recovery in risk sentiment could help GBP/USD push higher.
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