GBP/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.31711828 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.32143 could occur.
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 | 1.32143 |
| Current Price | 1.32083 |
| Next Low | 1.31176 |
| 2nd Low | 1.31144 |
| 3rd Low | 1.30321 |