GBP/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.29110732 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.30091 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30476 |
| Next High | 1.30091 |
| Current Price | 1.29416 |
| Next Low | 1.29351 |
| 2nd Low | 1.28983 |
| 3rd Low | 1.28689 |