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

2020-04-15T03:26:56

Relevance until2020-04-16

Trading Recommendation

Entry:1.28005

Reason for Entry: Horizontal pullback resistance, 61.8% fibonacci extension, 76.4% fibonacci retracement

Take Profit : 1.22555

Reason for Take Profit: Horizontal swing low support

Stop Loss: 1.31282

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!