GBPUSD Approaching Resistance, Potential Reversal
GBPUSD is approaching its resistance at 1.3004 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 1.2893 (50% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
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