GBP/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.29780846 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.30147 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30151 |
| Next High | 1.30147 |
| Current Price | 1.29556 |
| Next Low | 1.28841 |
| 2nd Low | 1.28436 |
| 3rd Low |