FX.co - GBP/USD bouncing from 1st support, further bounce!

2020-03-30T09:08:05

Relevance until2020-03-31

Trading Recommendation

Entry: 132.845

Reason for Entry: 38.2% Fibonacci retracement, ascending trend line

Take Profit : 134.833

Reason for Take Profit: 50% Fibonacci retracement, horizontal swing high resistance

Stop Loss: 131.816

Reason for Stop loss: ascending trend line , 61.8% 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 ★ GBP/USD bouncing from 1st support, further bounce!