GBP/USD – 1H – SELLAdditionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.32826 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.33693 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3483 |
| 2nd High | 1.34094 |
| Next High | 1.33693 |
| Current Price | 1.32382 |
| Next Low | 1.32528 |
| 2nd Low | 1.31792 |
| 3rd Low | 1.31237 |
1.33693 – 1.34094 – 1.3483 – 1.33606 – 1.341 – 1.32826 —
1.33337 – 1.32892 —
30.670278942937 – 34.047795484454 —
– —
1.33693 – 1773374400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –