FX.co - GBPUSD approaching support, potential bounce!

2020-07-24T05:08:12

Relevance until2020-07-25

Trading Recommendation

Entry: 1.27117

Reason for Entry: Ascending trend line, horizontal overlap support, 61.8% fibonacci retracement and 78.6% fibonacci extension

Take Profit: 1.27948

Reason for Take Profit: 61.8% fibonacci extension

Stop Loss: 1.26715

Reason for Stop Loss: Horizontal swing low 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 ★ GBPUSD approaching support, potential bounce!