GBPUSD, H4 approaching our Pivot point, potential for rise.
Description:
Price is approaching our Pivot point at 1.38109, in line with 100%, 127% Fibonacci extension and 61.8% fibonacci retracement. Where we could potentially see a rise from our pivot towards our 1st resistance level at 1.38762. It is worth noting that price is trending above the Ichimoku cloud, in line with our bullish view.
Pivot: 1.38109
Why we like it:
100%, 127% Fibonacci extension and 61.8% Fibonacci extension.
1st Support: 1.37490
Why we like it:
61.8% Fibonacci retracement, 76.4% fibonacci extension and horizontal graphical area.
1st Resistance: 1.38762
Why we like it:
127% and 161.8% Fibonacci extension
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1.38109, in line with 100%, 127% Fibonacci extension and 61.8% fibonacci retracement. Where we could potentially see a rise from our pivot towards our 1st resistance level at 1.38762. It is worth noting that price is trending above the Ichimoku cloud, in line with our bullish view.
Pivot: 1.38109
Why we like it:
100%, 127% Fibonacci extension and 61.8% Fibonacci extension.
1st Support: 1.37490
Why we like it:
61.8% Fibonacci retracement, 76.4% fibonacci extension and horizontal graphical area.
1st Resistance: 1.38762
Why we like it:
127% and 161.8% 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.