GBP/USD – 30M – SELL
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.30574 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 1.31022 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.32380 |
2nd High | 1.31426 |
Next High | 1.31022 |
Current Price | 1.30829 |
Next Low | 1.30574 |
2nd Low | 1.30111 |
3rd Low | 1.29743 |