AdelMohamed

interesting level... worth waiting a signal !

FX:GBPUSD   British Pound/U.S. Dollar
119 0 1
Finding support on the 0.5 Fib Retr. and or the MA 180 is a high probability for an up trend reaching 0.618 Fib Retr. But
If 0.5 Fib Retr. work as resistant level then a high probability the price is going to search for a new support level at 1.69061 being the mid line of June candle which most likely delivers the price back up to 0.5 Fib Retr. and give it another try to break above and find support there.
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