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Pound Inggris / Dollar AS
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GBPUSD Reversed Off Resistance, Potential For A Further Drop!

Oleh ICmarkets
Broker
GBPUSD reversed off its resistance at 1.3293 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where price could drop to its support at 1.3120 (100% Fibonacci extension, horizontal swing low support). We do have to be caustious of the intermediate support at 1.3200 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.
Chart PatternsForexforexsignalsGBPGBPUSDgbpusdshortHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
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.
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