GBPUSD approaching major support, potential for a bounce
GBPUSD is approaching strong support at 1.3766 and there's a strong potential for a bounce from here. There's multiple fibonacci retracement, extensions and supports at that level. At the same time, we're seeing stochastic approach a strong area of support too where a corresponding bounce could occur.
Our resistance remains at 1.4135 which is a major swing high and a strong 61.8% Fibonacci retracement level.
Our resistance remains at 1.4135 which is a major swing high and a strong 61.8% Fibonacci retracement level.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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.