GBP/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.30478372 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 1.30572 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30708 |
| 2nd High | 1.30665 |
| Next High | 1.30572 |
| Current Price | 1.30270 |
| Next Low | 1.30199 |
| 2nd Low | 1.29735 |
| 3rd Low | 1.29398 |