GBP/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.34297 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.34297 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.34297 |
| Current Price | 1.33757 |
| Next Low | 1.33314 |
| 2nd Low | 1.32484 |
| 3rd Low | 1.31531 |