GBPUSD has bounced from our Pivot point, potential for a rise
Description:
Price has bounced from our Pivot point at 1.36981, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level. Where we could potentially see a rise towards our 1st resistance level at 1.37764. It is worth noting that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 1.36981
Why we like it:
61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level
1st Support: 1.36394
Why we like it:
88% Fibonacci retracement, 127% fibonacci extension and horizontal graphical area.
1st Resistance: 1.37764
Why we like it:
127%, -27%, 127% Fibonacci retracement and 88% Fibonacci extension
Trading FX & CFDs carries high risk.
Price has bounced from our Pivot point at 1.36981, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level. Where we could potentially see a rise towards our 1st resistance level at 1.37764. It is worth noting that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 1.36981
Why we like it:
61.8% Fibonacci retracement, 61.8% Fibonacci extension and Ichimoku cloud support level
1st Support: 1.36394
Why we like it:
88% Fibonacci retracement, 127% fibonacci extension and horizontal graphical area.
1st Resistance: 1.37764
Why we like it:
127%, -27%, 127% Fibonacci retracement and 88% Fibonacci extension
Trading FX & CFDs carries high risk.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.