GBP/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.35253192 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 1.35655 could occur.
Consider stop-loss settings accordingly.
Eine Korrektur des großen bärigen Trends stoppte um das Fibonacci 0.5-Level.Eine Fortsetzung des aktuell absteigenden Trends ist möglich. Derzeitiges Ziel ist 1.35253192 am Fibonacci Level 0.24-Level. Vorsicht: Ein Gegentrend in die Richtung des Support-Levels bei 1.35655 sollte beachtet werden.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
The pair British Pound/US Dollar (GBP/USD) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.35241 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.35655 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Das Paar British Pound/US Dollar (GBP/USD) läuft von der absteigenden Trendline nach unten.
Eine Fortsetzung des Abwärtstrends nach unten zur nächsten Unterstützung bei 1.35241 ist möglich.
Vorsicht: Eine Umkehr des Trends in Richtung der Widerstandslinie bei 1.35655 könnte ermöglicht werden.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
The currency pair British Pound/US Dollar (GBP/USD) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.35241 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.35655 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.35253192 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.35655 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35843 |
| 2nd High | 1.35810 |
| Next High | 1.35655 |
| Current Price | 1.35216 |
| Next Low | 1.35241 |
| 2nd Low | 1.35071 |
| 3rd Low | 1.35006 |
1.35655 – 1.35810 – 1.35634 – 1.35241 – 1.35071 – 1.35638
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji