FX.co - GBPUSD approaching support, potential bounce!

2019-11-04T01:27:08

Relevance until2019-11-04

Entry: 1.29057

Why is it good: horizontal pullback support, 100% fibonacci extension, 38.2% fibonacci retracement

Stop Loss: 1.28798

Why is it good: 50% fibonacci retracement

Take Profit: 1.29672

Why is it good: 78.6% fibonacci retracement, horizontal swing high resistance

*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 support, potential bounce!