GBP/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.31076616 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.31022 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32380 |
| 2nd High | 1.31426 |
| Next High | 1.31022 |
| Current Price | 1.30724 |
| Next Low | 1.30674 |
| 2nd Low | 1.30111 |
| 3rd Low | 1.29743 |