There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.339245 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.34607 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34812 |
| 2nd High | 1.34619 |
| Next High | 1.34607 |
| Current Price | 1.34229 |
| Next Low | 1.33831 |
| 2nd Low | 1.33242 |
| 3rd Low | 1.33056 |
1.34607 – 1.34326 – 1.34231 – 1.33831 – 1.33242 – 1.33495 —
1.34402 – 1.34332 —
60.324707542102 – 50.652524521558 —
– —
1.34607 – 1781492400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –