Pair GBPUSD formed a new higher low yesterday at the 1.05330 level. With the Fibonacci setup, we see that the pullback stopped at 61.8%. From that place, the pound starts a new bullish impulse up to the 1.09180 level. During the Asian trading session, we see a new pullback at 1.07710 at the 38.2% Fibonacci level. Here we have formed a new higher low and are moving into a new bullish impulse. Our target is the previous high at 1.09180, and we expect a break above to continue the bullish trend.
