nicoacademia
Short

Longer term levels for GBPUSD

FX:GBPUSD   British Pound / U.S. Dollar
293 2 0
we have the 50.0 fib that coincides with a small gap in price

we have the 61.8 which was broken resistence turned into present support

expect big wiggles here and there after such a big down day today as energy is released.

course of action for the next 2-3weeks: sell rallies until these levels come into play.
be well aware... the fall was heavily bought into. i don't like how this is turning out. i'm closing this idea out. and any bearishness is now ignored.
Reply
a bullish close today will negate this idea as it means it has found support instead at the 38.2 fib which is clearly marked.

if the bullish close does happen expect price to retest the last highest high.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out