GBPUSD, H4 is under our Pivot point, potential for drop.
Description:
Price is under our Pivot point at 1.39402, in line with 23.6% fibonacci retracement and horizontal graphical resistance. Where we could potentially see a drop from our pivot towards our 1st support level at 1.38280, in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap.
Pivot: 1.39402
Why we like it:
23.6% fibonacci retracement and horizontal graphical resistance
1st Support: 1.38280
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Resistance: 1.40091
Why we like it:
61.8% fibonacci extension and horizontal swing high resistance.
Trading FX & CFDs carries high risk.
Price is under our Pivot point at 1.39402, in line with 23.6% fibonacci retracement and horizontal graphical resistance. Where we could potentially see a drop from our pivot towards our 1st support level at 1.38280, in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap.
Pivot: 1.39402
Why we like it:
23.6% fibonacci retracement and horizontal graphical resistance
1st Support: 1.38280
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Resistance: 1.40091
Why we like it:
61.8% fibonacci extension and horizontal swing high resistance.
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.