GBPUSD is approaching our first support at 1.3060 (horizontal swing low support, 61.8% fibonacci extension , 78.6% fibonacci retracement ) and a strong bounce might occur below this level pushing price up to our major resistance at 1.3154(horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement ).
Stochastic (21, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Stochastic (21, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks