GBP/USD – 30M – BUY
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.31578 at the Fibonacci level 0-Level. Caution: A possible reversal of the 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 | 1.31687 |
Next Low | 1.31176 |
2nd Low | 1.31144 |
3rd Low | 1.30321 |