GBP/USD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.302215 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 1.30708 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31028 |
| 2nd High | 1.30771 |
| Next High | 1.30708 |
| Current Price | 1.30363 |
| Next Low | 1.29735 |
| 2nd Low | 1.29398 |
| 3rd Low |