GBP/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 1.25762 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 1.26573 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27142 |
| 2nd High | 1.26595 |
| Next High | 1.26573 |
| Current Price | 1.25688 |
| Next Low | |
| 2nd Low | |
| 3rd Low |