FX.co - GBP/USD approaching support, potential bounce!

2020-02-24T09:20:26

Relevance until2020-02-25

Trading Recommendation

Entry: 1.28863

Reason for Entry: 100 % Fibonacci extension, 38.2% fibonacci retracement, Horizontal swing low support

Take Profit : 1.32030

Reason for Take Profit: 78.6% Fibonacci retracement, Horizontal swing high resistance

Stop Loss: 1.27684

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 ★ GBP/USD approaching support, potential bounce!