GBP/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.29979496 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 1.30231 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30374 |
| Next High | 1.30231 |
| Current Price | 1.30212 |
| Next Low | 1.29735 |
| 2nd Low | 1.29398 |
| 3rd Low |