FX.co ★ GBPUSD ,H4 | Bounce off support level?

GBP/USD chart shows bullish momentum, backed by a major ascending trend line and a supporting ascending trend line.

Potential for a bullish bounce at the 1st support level of 1.2721 (pullback support). 2nd support at 1.2673 (overlap support, 61.80% Fibonacci Retracement).

1st resistance at 1.2771 (overlap resistance, 78.60% Fibonacci Retracement). 2nd resistance at 1.2847 (multi-swing high resistance).