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

2020-03-25T04:10:02

Relevance until2020-03-26

Trading Recommendation

Entry: 1.18908

Reason for Entry: Horizontal swing high resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension

Take Profit : 1.14128

Reason for Take Profit: Horizontal swing low support

Stop Loss: 1.21258

Reason for Stop loss: Horizontal swing high resistance, 38.2% Fibonacci retracement, 10% fibonacci extension

*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!