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. Target of the current trend is 1.32977 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 1.32977 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.32977 |
| Current Price | 1.32809 |
| Next Low | 1.31531 |
| 2nd Low | 1.31460 |
| 3rd Low | 1.31176 |