FX.co - GBP/USD near support, a bounce is possible!

2019-06-13T02:36:45

Relevance until2019-06-14

GBPUSD is near support, a bounce to 1st resistance is possible

Entry: 1.2844

Why it's good : 100% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal swing low support

Stop Loss : 1.1256

Why it's good :38.2% & 61.8% Fibonacci retracement,100% Fibonacci extension, horizontal swing low support

Take Profit : 1.1342

Why it's good: 100% Fibonacci extension, horizontal swing high resistance

GBP/USD near support, a bounce is possible!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ GBP/USD near support, a bounce is possible!