GBPUSD bull run: Can the pair smash through 1.3565?
GBPUSD extends rally above 61.8% Fib! Overbought RSI & Stochastic signal strong upside targeting 1.3565 & 1.3675. Key support to watch: 1.3450.
XM Group
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1 jam 14 menit yang lalu
Overview: GBPUSD has staged an aggressive rally over the past six sessions following a strong rebound from the 1.3270 support level. The pair successfully cleared the 61.8% Fibonacci retracement of the decline from 1.3675 to 1.3140, reinforcing upside bias.
Momentum: Technical oscillators reflect solid bullish momentum, with the RSI nearing overbought territory and the stochastic oscillator holding firm above 80.
Bullish Scenario: Sustained upside from current market levels could push price toward the 1.3565 resistance ahead of the August 21 peak at 1.3675.
Risk: A break below the 1.3450 support level could derail the rally and trigger a pullback.

XM Group
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