GBPUSD Reversed Nicely Off Resistance, Potential Drop!
GBPUSD has reversed nicely off its resistance at 1.3266 (100% Fibonacci extension x2, 50% & 78.6% Fibonacci retracement, horizontal swing high resistance) where it could drop to its support at 1.3149 (100% Fibonacci extension, horizontal pullback support).
Stochastic (89, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur. We have also identified a bearish divergence with price which contributes to our bearish bias.
Stochastic (89, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur. We have also identified a bearish divergence with price which contributes to our bearish bias.
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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.