GBP/USD at Key Resistance: Potential Reversal or Continuation?
The GBP/USD 15-minute chart indicates a strong uptrend, with price action forming a **Crab harmonic pattern**, suggesting a potential overextension. The pair has reached a key resistance zone at **1.26323**, aligning with significant Fibonacci levels, with the **Harmonic Optimal Point (HOP) at 1.26469** acting as a potential reversal area.
If a pullback occurs, the first downside targets are 1.26127 and 1.25993, while the **200 EMA** below may provide further support. A sustained break above 1.26469 could signal continued bullish momentum. Traders should monitor price action for confirmation before positioning accordingly.
If a pullback occurs, the first downside targets are 1.26127 and 1.25993, while the **200 EMA** below may provide further support. A sustained break above 1.26469 could signal continued bullish momentum. Traders should monitor price action for confirmation before positioning accordingly.
Trading ditutup: target tercapai
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.