GBP/USD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.35847 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.36575 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36711 |
| 2nd High | 1.36613 |
| Next High | 1.36575 |
| Current Price | 1.36113 |
| Next Low | 1.35132 |
| 2nd Low | 1.35119 |
| 3rd Low | 1.34538 |
1.36575 – 1.35275 – 1.35757 – 1.35132 – 1.35119 – 1.3568 —
1.35717 – 1.36429 —
56.594008865633 – 77.901671038302 —
– —
1.36575 – 1777654800
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –