GBP/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.34472 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 1.35179 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35394 |
| 2nd High | 1.35352 |
| Next High | 1.35179 |
| Current Price | 1.34653 |
| Next Low | 1.34472 |
| 2nd Low | 1.33804 |
| 3rd Low | 1.32356 |
1.35179 – 1.351 – 1.35352 – 1.34472 – 1.34812 – 1.34787 —
1.34742 – 1.34684 —
38.136782749826 – 41.046085976358 —
– —
1.35179 – 1776965400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –