GBP/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.31578 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.31578 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32656 |
| 2nd High | 1.32380 |
| Next High | 1.31578 |
| Current Price | 1.31294 |
| Next Low | 1.31144 |
| 2nd Low | 1.30321 |
| 3rd Low | 1.30316 |