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British Pound / U.S. Dollar
Short

GBPUSD Reversed Off Resistance, Potential Drop!

By ICmarkets
Broker
GBPUSD reversed off its resistance at 1.3202 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentiall drop further to its support at 1.3115 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) still has some downside potential.
audCADChart PatternsEURGBPGBPUSDgbpusdshortHarmonic PatternsjpyTrend 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.
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