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British Pound / U.S. Dollar
Short

GBPUSD Reversed Off Resistance, Potential Drop

1 329
GBPUSD reversed off its resistance at 1.2682 (100% Fibonacci extension , 23.6% Fibonacci retracement , horizontal overlap resistance) where it is could potentially drop further to its support at 1.2561 (61.8% Fibonacci retracement ).
Stochastic (55, 5, 3) reversed off its resistance at 90% where a corresponding drop may occur.
ICmarkets
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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Chart PatternsForexforexsignalforextradingGBPGBPUSDgbpusdlonggbpusdshortHarmonic PatternsTrend AnalysisUSD

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Chart PatternsForexforexsignalforextradingGBPGBPUSDgbpusdlonggbpusdshortHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.