GBP/USD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.2622585 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 1.26164 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27142 |
| 2nd High | 1.26595 |
| Next High | 1.26164 |
| Current Price | 1.25744 |
| Next Low | 1.25067 |
| 2nd Low | 1.24870 |
| 3rd Low |