GBP/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.31186 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.31231 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31925 |
| 2nd High | 1.3176 |
| Next High | 1.31231 |
| Current Price | 1.30978 |
| Next Low | 1.3037 |
| 2nd Low | 1.30096 |
| 3rd Low | 1.27428 |
1.31231 – 1.3176 – 1.31925 – 1.3037 – 1.31332 – 1.31415 —
1.30848 – 1.30965 —
51.734933395281 – 54.597629121001 —
– —
1.31231 – 1763654400