GBPUSD Buy Analysis 5x Entries
With 1.31231 broken (daily close above this level) a re-test of 1.135346 the next major resistance level is likely.
We now wait on price to pull back and establish a level of resistance for a buy entry. Currently we have 5 options outlined below which we need to wait for price to test and for the market to decide on which level to resist a move lower.
1.31231 - prior major resistance level that could now become support
1.31000 - phycological level that could serve as support
50% fib level + price structure at 1.30470
61.8% fib level + price structure at 1.30206
1.3000 - phycological level that could now become support
We now wait on price to pull back and establish a level of resistance for a buy entry. Currently we have 5 options outlined below which we need to wait for price to test and for the market to decide on which level to resist a move lower.
1.31231 - prior major resistance level that could now become support
1.31000 - phycological level that could serve as support
50% fib level + price structure at 1.30470
61.8% fib level + price structure at 1.30206
1.3000 - phycological level that could now become support
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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.