GBP/USD – 1H – BUYMoreover a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.36488 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 1.36711 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37327 |
| 2nd High | 1.37116 |
| Next High | 1.36711 |
| Current Price | 1.36210 |
| Next Low | 1.36042 |
| 2nd Low | 1.3586 |
| 3rd Low | 1.35081 |
1.36711 – 1.37116 – 1.36961 – 1.36042 – 1.3609 – 1.36309 —
1.36711 – 1.36267 —
53.555097061757 – 41.831216931623 —
1.36711 – 1770915600 —
– 1770915600
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –