GBP/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.33828 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.3457 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3483 |
| 2nd High | 1.34804 |
| Next High | 1.3457 |
| Current Price | 1.34230 |
| Next Low | 1.341 |
| 2nd Low | 1.32826 |
| 3rd Low | 1.32528 |
1.3457 – 1.34804 – 1.3483 – 1.341 – 1.343 – 1.3413 —
1.34416 – 1.34183 —
50.337695052706 – 44.217522781631 —
– —
1.3457 – 1773214200
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –