GBPUSD Approaching Resistance, Potential Reversal
GBPUSD is approaching its resistance at 1.3329 (61.8% & 100% Fibonacci extension, horizontal swing high resistance) where it is could reverse down to its support at 1.3157 (61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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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.