GBPUSD, H4 testing our Pivot point, potential for rise.
Description:
Price is testing our Pivot point at 1.40305, in line with -27%, 23.6% Fibonacci retracement and 50% fibonacci extension. Where we could potentially see a rise from our pivot towards our 1st resistance level at 1.40916. It is worth noting that price is trending above the moving average, in line with our bullish view.
Pivot: 1.40305
Why we like it:
-27%, 23.6% Fibonacci retracement and 50% fibonacci extension
1st Support: 1.39544
Why we like it:
23.6%, 78.6% Fibonacci retracement and horizontal graphical area.
1st Resistance: 1.40916
Why we like it:
-27%, -68% Fibonacci retracement and 88% fibonacci extension
Trading FX & CFDs carries high risk.
Price is testing our Pivot point at 1.40305, in line with -27%, 23.6% Fibonacci retracement and 50% fibonacci extension. Where we could potentially see a rise from our pivot towards our 1st resistance level at 1.40916. It is worth noting that price is trending above the moving average, in line with our bullish view.
Pivot: 1.40305
Why we like it:
-27%, 23.6% Fibonacci retracement and 50% fibonacci extension
1st Support: 1.39544
Why we like it:
23.6%, 78.6% Fibonacci retracement and horizontal graphical area.
1st Resistance: 1.40916
Why we like it:
-27%, -68% Fibonacci retracement and 88% 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.