GBP/USD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.27424748 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.27686 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.29253 |
| 2nd High | 1.28732 |
| Next High | 1.27686 |
| Current Price | 1.26896 |
| Next Low | 1.26860 |
| 2nd Low | |
| 3rd Low |