GBP/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.30708 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.30708 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31028 |
| 2nd High | 1.30771 |
| Next High | 1.30708 |
| Current Price | 1.30632 |
| Next Low | 1.29735 |
| 2nd Low | 1.29398 |
| 3rd Low |