GBPUSD near key resistance, could possibly drop


Price is approaching its 1st resistance (61.8% Fibonacci extension, horizontal swing high resistance) where it is expected to reverse down to its support (horizontal overlap support,61.8% Fibonacci retracement,61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsforexsignalsGBPGBPUSDHarmonic PatternsTrend AnalysisUSD

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Мои профили:

Отказ от ответственности