GBP/USD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.33380224 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.34271 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.34336 |
| Next High | 1.34271 |
| Current Price | 1.33665 |
| Next Low | 1.33598 |
| 2nd Low | 1.33339 |
| 3rd Low | 1.33120 |