GBPUSD Retraces close to 0.5 FIB (go long if bounces again)

GBPUSD has retraced to 0.5 FIB few times in the past before resuming it's bullish trend. The 0.5 FIB retracement is @ 1.6938 to which it has come quite close. A small bounce to the resistance level at 1.7189 is quite possible from here.