GBP/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.28459 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.30476 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30665 |
| 2nd High | 1.30572 |
| Next High | 1.30476 |
| Current Price | 1.28708 |
| Next Low | 1.28459 |
| 2nd Low | 1.28436 |
| 3rd Low |