GBP/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.28109 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.27988 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30091 |
| 2nd High | 1.28109 |
| Next High | 1.27988 |
| Current Price | 1.27790 |
| Next Low | 1.27357 |
| 2nd Low | 1.27165 |
| 3rd Low | 1.26296 |