FX.co - GBP/USD approaching support, potential bounce!

2019-12-17T04:35:04

Relevance until2019-12-18

Trading Recommendation

Entry: 1.3233

Reason for Entry: 38.2% Fibonacci retracement, horizontal pullback support, 100% extension, breakout level

Take Profit : 1.35915

Reason for Take Profit:

100% extension

Stop Loss: 1.30193Reason for Stop loss:

61.8% Fibonacci retracement, Horizontal pullback support

*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 approaching support, potential bounce!