Price is clearly bouncing creating a growing channel, According to Fibonacci levels, price is respecting level 50 and creating a new wave and i expect it will keep growing to level 1.618. If you are agree with the idea, Kindly follow us.
According to fibonacci levels, the price is bouncing from level 23.6 respecting the main channel heading to the upper end of the channel, you can open buy after closing the current 4H candle out of the falling channel. If you agree with the analysis, Kindly follow us.
Price is bouncing from level 61 Fibo and claiming, that will be the normal path of the price if it kept in the channel with the grey colour it, If you agree with the idea Kindly follow my profile.
At Strong support price have bounced to nearest resistance, about 25 pip only scalaping idea against the trend.
I see the trend have bounced after it reached a support level, i believe it will hit first resestance level and here we will see the price action to identify the direction. OANDA:GBPUSD