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

2019-06-14T02:24:22

Relevance until2019-06-15

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

Entry: 1.2652

Why it's good : 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support

Stop Loss : 1.2559

Why it's good :100% Fibonacci extension, horizontal swing low support

Take Profit : 1.2763

Why it's good: 61.8 &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!