GBPUSD forms a retest of 0.236 Fibo and the resistance area of the new descending price channel and is preparing to continue falling.
TA on high timeframe:
1) Price from resistance 1.28484 forms a correction to 0.382 fibo and enters consolidation between the nearest levels.
2) The fundamental background for the pound against the dollar takes a negative side. The Fed is not going to cut rates.
TA on the low timeframe:
1) A downward price channel is forming. The price is testing the resistance area.
2) The price makes a false-break of 0.236 Fibo and the nearest target is 0.382 - 1.26420.
3) Within the descending price channel the price may go down to 1.25450.
Key resistance📈: 1.27279
Key support📉: 1.26400, 1.25770
TA on high timeframe:
1) Price from resistance 1.28484 forms a correction to 0.382 fibo and enters consolidation between the nearest levels.
2) The fundamental background for the pound against the dollar takes a negative side. The Fed is not going to cut rates.
TA on the low timeframe:
1) A downward price channel is forming. The price is testing the resistance area.
2) The price makes a false-break of 0.236 Fibo and the nearest target is 0.382 - 1.26420.
3) Within the descending price channel the price may go down to 1.25450.
Key resistance📈: 1.27279
Key support📉: 1.26400, 1.25770
❤️ Telegram channel: t.me/AndeWave
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
❤️ Telegram channel: t.me/AndeWave
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.