GBPUSD, H4 testing our Pivot point, potential for rise.
Description:
Price is testing our Pivot point at 1.39224, in line with -27%, 161.8%, and 78.6% Fibonacci retracement. Where we could potentially see a rise from our pivot towards our 1st resistance level at 1.40097. It is worth noting that price is trending above the Ichimoku cloud, and MACD is above the 0-line, in line with our bullish view.
Pivot: 1.39224
Why we like it:
-27%, 161.8%, and 78.6% Fibonacci retracement
1st Support: 1.38610
Why we like it:
38.2% Fibonacci retracement, 38.2% fibonacci extension and horizontal graphical area.
1st Resistance: 1.40097
Why we like it:
127% Fibonacci extension and -61.8% Fibonacci retracement
Trading FX & CFDs carries high risk.
Price is testing our Pivot point at 1.39224, in line with -27%, 161.8%, and 78.6% Fibonacci retracement. Where we could potentially see a rise from our pivot towards our 1st resistance level at 1.40097. It is worth noting that price is trending above the Ichimoku cloud, and MACD is above the 0-line, in line with our bullish view.
Pivot: 1.39224
Why we like it:
-27%, 161.8%, and 78.6% Fibonacci retracement
1st Support: 1.38610
Why we like it:
38.2% Fibonacci retracement, 38.2% fibonacci extension and horizontal graphical area.
1st Resistance: 1.40097
Why we like it:
127% Fibonacci extension and -61.8% Fibonacci retracement
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.