GBPUSD has bounced from our Pivot point, potential for a rise
Description:
Price has bounced from our Pivot point at 1.36981, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level. Where we could potentially see a rise towards our 1st resistance level at 1.37764. It is worth noting that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 1.36981
Why we like it:
61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level
1st Support: 1.36394
Why we like it:
88% Fibonacci retracement, 127% fibonacci extension and horizontal graphical area.
1st Resistance: 1.37764
Why we like it:
127%, -27%, 127% Fibonacci retracement and 88% Fibonacci extension
Trading FX & CFDs carries high risk.
Price has bounced from our Pivot point at 1.36981, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level. Where we could potentially see a rise towards our 1st resistance level at 1.37764. It is worth noting that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 1.36981
Why we like it:
61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level
1st Support: 1.36394
Why we like it:
88% Fibonacci retracement, 127% fibonacci extension and horizontal graphical area.
1st Resistance: 1.37764
Why we like it:
127%, -27%, 127% Fibonacci retracement and 88% Fibonacci extension
Trading FX & CFDs carries high risk.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.