GBP/USD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.30106616 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.30374 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31028 |
| 2nd High | 1.30771 |
| Next High | 1.30374 |
| Current Price | 1.29861 |
| Next Low | 1.29822 |
| 2nd Low | 1.29743 |
| 3rd Low | 1.29398 |