There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.338665 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 1.34372 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34607 |
| 2nd High | 1.34514 |
| Next High | 1.34372 |
| Current Price | 1.34107 |
| Next Low | 1.34081 |
| 2nd Low | 1.33915 |
| 3rd Low | 1.33801 |
1.34372 – 1.34514 – 1.34189 – 1.34081 – 1.33915 – 1.33801 —
1.34366 – 1.34216 —
50.823022785554 – 51.287887952262 —
– —
1.34372 – 1783692000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –