GBP/USD – 30M – BUY
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.31693 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.32380 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.32656 |
Next High | 1.32380 |
Current Price | 1.31340 |
Next Low | 1.31095 |
2nd Low | 1.31006 |
3rd Low | 1.30875 |