GBPUSD approaching resistance, potential drop!
GBPUSD is approaching its resistance at 1.419 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially react off its, pushing price down to its 1st support at 1.4100 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support). If it breaks past this level, it could fall to its next support at 1.3978 (61.8% Fibonacci extension, 50% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support). We have also identified another resistance at 1.4245 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal may occur.
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal may occur.
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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.