FX.co - GBP/USD approaching resistance, potential drop!

2019-12-26T05:47:21

Relevance until2019-12-27

Trading Recommendation

Entry: 1.31158

Reason for Entry: 38.2% Fibonacci retracement, horizontal pullback resistance

Take Profit : 1.27253

Reason for Take Profit:

50% fibonacci retracement

Stop Loss: 1.35194

Reason for Stop loss:

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 ★ GBP/USD approaching resistance, potential drop!