Get started
ChrisLaw1

GBPUSD: Falling Towards Strong Support Level

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
ChrisLaw1  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators
1
0
trendanalysis indicator
Price is falling towards the support level which is a pullback support and also aligns perfectly with the 61.8% Fibonacci retracement.
I believe a rejection from this level could lead the price to rise towards the resistance level @1.28621
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.