Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.34448 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 1.35074 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35748 |
| 2nd High | 1.35562 |
| Next High | 1.35074 |
| Current Price | 1.34584 |
| Next Low | 1.34448 |
| 2nd Low | 1.34358 |
| 3rd Low | 1.34343 |
1.35074 – 1.35562 – 1.35748 – 1.34608 – 1.34448 – 1.35184 —
1.35007 – 1.34778 —
53.548116304343 – 44.091557276631 —
– —
1.35074 – 1772186400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –