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Livre sterling / Dollar américain
Long

GBPUSD approaching support level, potential upcoming bounce!

Par ICmarkets
Courtier
GBPUSD is testing our ascending support level and approaching our support level at 1.3861 (Horizontal overlap support, 76.4% Fibonacci retracement level). A strong bounce could occur at this level, pushing price up to the next resistance level at 1.3992 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Surpassing this level, we could see an even further rise potentially up to 1.4067 resistance (Fibonacci extension, horizontal swing high resistance, 76.4% fibonacci retracement).

Stochastic (34,5,3) is seeing strong support above 4.9% where a corresponding bounce could occur.
Bitcoin (Cryptocurrency)Chart PatternsCryptocurrencyforexsignalsforextradingGBPGBPUSDgbpusdlonggbpusdshortHarmonic PatternsTrend AnalysisUSD
ICmarkets
Courtier
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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