GBP/USD Short and Long potential opportunity

Livre sterling / Dollar américain (FX:GBPUSD)

Mis à jour

FX:GBPUSD Livre sterling / Dollar américain

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Fibonacci Retracement support and resistance line placed.Also a horizontal trend line stating previous support line from the other trading has been placed and the bears broke through which the trend will decline further till its fibonacci channel support line and then there's Potential long opportunity if trend does not break through or wait for a confirmation.

Commentaire:

Trend is bearish right now going towards the support line then there is an opportunity to go long if market is reacting towards the fibonacci support.

Commentaire:

Bears broke through support line therefore wait till confirmation till going long. Potential bearish area below the green therefore wait for it to break through for confirmation.

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