Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

GBPUSD holds at near term resistance, 50% Fibonacci Retracement

Support 2: 1.4855

Support 1: 1.4913 (38.2% Fibonacci Retracement)

Current market Price: 1.4995

Resistance 1: 1.5079 (50% Fibonacci Retracement)

Resistance 2: 1.5175 (61.8% Fibonacci Retracement)

Commentary:

  • The pair is stirring in the range of 1.4959 to 1.5038.

  • Near term resistance falls at 1.5079, 50% Fibonacci Retracement.

  • Daily close above Ichimoku cloud is required to confirm upward momentum.

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.