Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.33894032 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 1.33864 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34316 |
| 2nd High | 1.34027 |
| Next High | 1.33864 |
| Current Price | 1.33505 |
| Next Low | 1.33056 |
| 2nd Low | 1.3303 |
| 3rd Low | 1.32528 |
1.33864 – 1.34027 – 1.33696 – 1.33056 – 1.33461 – 1.3303 —
1.33335 – 1.33606 —
40.942048727742 – 51.938056378151 —
– —
1.33864 – 1772679600
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –