GBP/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.34352142 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.34446 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34944 |
| 2nd High | 1.34637 |
| Next High | 1.34446 |
| Current Price | 1.34222 |
| Next Low | 1.34191 |
| 2nd Low | 1.33893 |
| 3rd Low | 1.33633 |
1.34446 – 1.34637 – 1.34944 – 1.34227 – 1.34241 – 1.34191 —
1.34312 – 1.34382 —
42.920299719564 – 43.474373982729 —
– —
1.34446 – 1768437000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –