GBP/USD Approaching Support, Prepare For A Bounce!
July 30, 2018 12:21 pm
GBP/USD is approaching support at 1.3082 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where we expect price to bounce up to its resistance at 1.3213 (61.8% & 76.4% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 3.75% where a corresponding bounce could occur.
GBP/USD is approaching its support where a bounce is expected.
Buy above 1.3082. Stop loss at 1.3010. Take profit at 1.3213.
GBP/USD is approaching support at 1.3082 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where we expect price to bounce up to its resistance at 1.3213 (61.8% & 76.4% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 3.75% where a corresponding bounce could occur.
GBP/USD is approaching its support where a bounce is expected.
Buy above 1.3082. Stop loss at 1.3010. Take profit at 1.3213.
.
.
.
.
.
.
.
.
#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency #pips #technicalanalysis #forexmarket
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: