GBP/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.2887256 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 1.30476 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30708 |
| Next High | 1.30476 |
| Current Price | 1.28894 |
| Next Low | 1.28436 |
| 2nd Low | |
| 3rd Low |