GBP/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.27498 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 1.27498 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28732 |
| 2nd High | 1.27686 |
| Next High | 1.27498 |
| Current Price | 1.27242 |
| Next Low | 1.26794 |
| 2nd Low | 1.26448 |
| 3rd Low | 1.25663 |