FX.co - GBPUSD approaching resistance, potential for big drop!

2019-10-22T02:50:53

Relevance until2019-10-22

1st resistance level: 1.3406Why is it good: 61.8%, 100% fibonacci extension, 76.4% fibonacci retracement

1st support level: 1.2788Why is it good: horizontal overlap support, 100% fibonacci extension, 23.6% Fibonacci retracement

*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 ★ GBPUSD approaching resistance, potential for big drop!