GBPUSD H1
GBPUSD H1
GBPUSD H1. The price has bounced from the support up but found a resistance at 68% fib level. There are two targets. Price can reverse from two levels. First sequence is that price I gonna make ABCD pattern and reverse from 138% fib level which has confluence with historical support level at 1.3225
Next scenario is the price is gonna break that level down and go down till the key support level 1.3050
GBPUSD H1. The price has bounced from the support up but found a resistance at 68% fib level. There are two targets. Price can reverse from two levels. First sequence is that price I gonna make ABCD pattern and reverse from 138% fib level which has confluence with historical support level at 1.3225
Next scenario is the price is gonna break that level down and go down till the key support level 1.3050
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.