GBPUSD is Nearing a Decent Support Area!Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.33600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33600 support and resistance area.
Trade safe, Joe.
GBP
GBPUSD H1 | Falling Towards 50% Fib SupportThe price is falling towards our buy entry level at 1.3442, which is a pullback support that aligns with the 50% Fibonacci retracement.
Our stop loss is set at 1.3422, which aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 1.3500, which is a pullback resistance.
High Risk Investment Warning
Stratos Markets Limited (
Bullish bounce off?GBP/USD is falling towards the support level, which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3443
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.3414
Why we like it:
There is a support level at the 61.8% Fibonacci retracement.
Take profit: 1.3501
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPCHF H4 | Bullish RiseBased on the H4 chart analysis, we can see that the price has bounced off our buy entry level at 1.0624, which is an overlap support.
Our stop loss is set at 1.0590, which is a pullback support.
Our take profit is set at 1.0710, which is a pullback resistance.
High Risk Investment Warning
Stratos Markets Limited (
Falling towards pullback support?Cable (GBP/USD) is falling towards the pivot which acts as a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce to the swing h igh resistance.
Pivot: 1.3439
1st Support: 1.3383
1st Resistance: 1.3534
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
GBPUSD Pullback Toward 1.34500 Keeps Bullish Trend in Play!Hey Traders,
In the coming week, we are monitoring GBPUSD for a potential buying opportunity around the 1.34500 zone.
The pair remains in a well-established uptrend and is currently undergoing a controlled correction. Price is approaching the 1.34500 area, a key zone where trendline support converges with a former support/resistance level, making it a technically important area to watch.
As long as this level holds, the broader bullish structure remains intact, and a constructive reaction here could open the door for a continuation toward higher levels.
don't forget to boost and leave your opinion in the comment section!
Trade safe,
Joe
GBPUSD Multi-year downtrend is starting.The GBPUSD pair has been quietly trading within a multi-decade Channel Down since its November 2007 market Top. The price is now the closest it has been to its 1M MA200 (orange trend-line) since it broke below in August 2014. This is also the 0.786 Fibonacci Channel level, the trend-line where that 2014 Bearish Leg started.
With the 1M RSI also rejected on its 65.00 Resistance, we believe the pair is starting a new multi-year Bearish Leg. The minimum such a Bearish Leg declined by within this pattern, has been -20.75%, which gives us a Target of at least 1.0950 by 2027. GBPUSD is perhaps one of the strongest long-term sell opportunities in the market right now.
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Bullish momentum to extend further?GBP/JPY is falling towards the support level, which serves as a pullback support that aligns with the 50% Fibonacci retracement, and could bounce from this level to our take-profit target.
Entry: 208.83
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Stop loss: 207.21
Why we like it:
There is an overlap support level.
Take profit: 212.84
Why we like it:
There is a resistance level at the 61.8% Fibonacci projection.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPUSD M30 | Bullish Bounce Off SupportThe price could fall to our buy entry level at 1.3471, which is an overlap support that aligns with the 127.2% Fibonacci extension and slightly above the 38.2% Fibonacci retracement.
Our take profit is set at 1.3508, an overlap support that aligns with the 127.2% Fibonacci extension and slightly above the 38.2% Fibonacci retracement.
Stop loss is set at 1.3446, which is a pullback support that aligns with the 50% Fibonacci retracement.
High Risk Investment Warning
Stratos Markets Limited (
Bearish continuation off pullback resistance?EUR/GBP has rejected the resistance level, which is a pullback resistance slightly below the 38.2% Fibonacci retracement, and could drop from this level to our take-profit.
Entry: 0.8731
Why we like it:
There is a pullback resistance level which is slightly below the 38.2% Fibonacci retracement.
Stop loss: 0.8747
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Take profit: 0.8690
Why we like it:
There is an overlap support level
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish reversal off pullback resistance?Cable (GBP/USD) is reacting off the pivot and could reverse to the 1st support.
Pivot: 1.3506
1st Support: 1.3469
1st Resistance: 1.3534
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
#047: Short Investment Opportunity on GBP/AUD
The GBP/AUD exchange rate is currently in a particularly interesting technical phase, characterized by a structure that deserves attention from those who analyze the market with a professional, non-reactive approach. The recent movement displays all the typical characteristics of a corrective rally rather than a genuine directional impulse, suggesting that the market is working more on redistributing liquidity than building a new uptrend.
From a structural perspective, the price is operating in an area definable as "premium," where institutional traders historically tend to reduce long exposures and build opposite positions. The lack of acceleration, combined with a progressive loss of momentum, reinforces the hypothesis that the current movement is incentivizing late retail entry rather than supporting a directional continuation.
Price action analysis highlights signs of absorption at the upper end of the structure. Candlesticks show progressive rejections and the price's inability to consolidate above key areas, a behavior typical of distribution phases. In these contexts, the market does not need to decline immediately: it often trades sideways or with small, controlled increases, precisely to accumulate the liquidity necessary for the next move.
From a volume perspective, the picture is also consistent. Volumes do not convincingly accompany the rise, and the areas of greatest trading are located above the current price, suggesting that the most significant participation occurred in higher areas. This type of configuration tends to favor, over time, a price reversion to underlying areas of inefficiency, where liquidity is not yet fully explored.
Retail sentiment, cross-referenced across multiple sources, appears balanced and free of extremes. This is particularly important: the absence of an unbalanced positioning eliminates the risk of sudden contrarian movements and leaves room for a dynamic driven primarily by the technical structure and liquidity management. In other words, it is not sentiment that drives the market in this phase, but rather the logic of price.
On the macro and intermarket levels, the cross reflects a period of relative uncertainty, with neither currency expressing enough dominance to justify impulsive movements. This reinforces the idea of an environment favorable to mean reversion trades and re-entries toward equilibrium areas, rather than aggressive directional extensions.
In short, GBP/AUD is in a configuration that, from an institutional perspective, is typically associated with distribution phases and potential subsequent corrective movements. As always, the key is not to anticipate the market, but to wait for the price to provide confirmation through the behavior of the candlesticks and the structure. In these contexts, patience and operational discipline make the difference between a theoretically correct analysis and a truly professionally executed trade.
The market shouldn't be chased: it should be read. And when the structure speaks clearly, the trader's job is not to predict, but to recognize.
Bearish drop?GBP/JPY has rejected off the pivot and could drop to the 1st support.
Pivot: 210.73
1st Support: 210.04
1st Resistance: 211.12
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
GBPJPY H4 | Bullish ContinuationMomentum: Bullish
The price is falling towards the buy entry, which aligns with the 61.8% Fibonacci retracement.
Buy entry: 208.72
Pullback support
61.8% Fibonacci retracement
Stop loss: 207.72
Pullback support
78.6% Fibonacci retracment
Take profit: 211.40
Swing high resistance
High Risk Investment Warning
Stratos Markets Limited (tradu.com ), Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ): Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
Bullish continuation?GBP/JPY could fall towards the pivot, which aligns with the 61.8% Fib retracement, and could bounce to the 1st resistance.
Pivot: 208.80
1st Support: 207.72
1st Resistance: 211.46
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
Bullish bounce off pullback support?GBP/USD is falling towards the support level, which is a pullback support that is slightly below the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3427
Why we like it:
There is a pullback support level that is slightly below the 50% Fibonacci retracement.
Stop loss: 1.3386
Why we like it:
There is a pullback support that aligns with the 78.6% Fibonacci retracement.
Take profit: 1.3517
Why we like it:
There is a pullback resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPUSD - small correctionIn the short term, we’re in a correction. After that, the outlook points to growth.
How high we rise and what kind of wave it will be depends on the depth of the correction.
The chart is quite technical and shows a clear picture.
Ideally, we shouldn’t drop below 1.321 .
Time will show the final result.
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GBP/AUD Forecast: Strategic Divergence & Market ShiftsStrategic Outlook: The Sterling Breakout
The Pound Sterling (GBP) has established a dominant position against the Australian Dollar (AUD) as 2025 closes. This shift represents a fundamental divergence in national economic strategies, not merely market fluctuation. The Bank of England (BoE) executed a "hawkish cut" to 3.75% in December, signaling long-term stability. In contrast, the Reserve Bank of Australia (RBA) remains paralyzed at 3.60% due to persistent inflation. This analysis dissects the geopolitical, technological, and industrial forces driving this volatility.
Macroeconomics: The Central Bank Divergence
The core driver of the GBP/AUD rally lies in contrasting monetary policies. The BoE managed a delicate pivot in December. By cutting rates while warning of inflation, they maintained yield appeal. Markets interpreted this decisiveness as strength, bolstering the Pound. Conversely, the RBA faces a credibility crisis. Australian CPI remains stubbornly high at 3.8%. Yet, the RBA held rates steady, fearing a mortgage cliff. This hesitation signals weakness. The "yield advantage" now firmly favors London over Sydney.
Geopolitics & Geostrategy: Risk Aversion Protocols
Global instability disproportionately harms the Australian Dollar. As a "risk-proxy" currency, the AUD suffers when tensions rise in the Indo-Pacific or Eastern Europe. Investors flee to safe havens or deeper liquidity pools like the GBP. Furthermore, the UK-Australia Free Trade Agreement has matured. While removing tariffs, it exposed Australia’s reliance on raw commodity exports. The UK’s pivot to high-value service exports insulates it better from supply chain disruptions. This structural imbalance currently weighs heavily on the Aussie.
Industry Trends: Services vs. Commodities
The UK economy is evolving faster than its Australian counterpart. Recent data indicates UK Intellectual Property (IP) investment surged by 15%. Britain is successfully transitioning to a high-value "intangible economy." Australia remains tethered to the "rocks and crops" model. While critical minerals are vital, global demand for lithium and iron ore has softened. This cyclical downturn in commodities drags the AUD down. The UK’s service-based resilience offers a more stable platform for currency appreciation.
Technology & Cyber: The Digital Trade Surplus
A hidden driver of Sterling's strength is the UK's dominance in digital services. Britain’s tech sector is leveraging AI to boost productivity. This export of digital solutions creates a "capital account surplus" that supports the GBP. In contrast, Australia faces a "cyber-sovereignty" challenge. As it digitizes mining operations, cybersecurity costs are rising. This increases operational overheads for major Australian firms. Consequently, foreign capital flows are hesitant, preferring the mature tech ecosystem of the UK.
Patent Analysis: The Innovation Gap
Patent filings reveal the future trajectory of these economies. UK firms are filing aggressively in fintech and biotech. This signals future revenue streams protected by global law. Australian innovation remains heavily concentrated in mining technology. While valuable, it is sector-specific. The lack of economic diversity in Australian patent data suggests a rigid business model. Investors prefer the diversified innovation portfolio of the UK, adding a premium to the Pound.
Leadership & Governance: Corporate Resilience
UK corporate leadership has adapted well to the "higher-for-longer" rate environment. FTSE 100 companies have successfully deleveraged balance sheets. This financial prudence attracts institutional investors. Australian management teams face different pressures. The heavy reliance on variable-rate borrowing in Australia squeezes cash flow. Business confidence in Sydney has dipped as leaders brace for potential rate hikes in 2026. This pessimistic corporate sentiment bleeds directly into the currency valuation.
Forecast: The Path to 2026
The immediate outlook for GBP/AUD remains bullish. The pair is likely to test new highs as liquidity thins over the holiday period. Traders should watch for signals of a pause in BoE cuts and critical Q4 inflation data from the RBA. The structural advantages of the UK economy currently outweigh the commodity potential of Australia. Position for continued GBP strength into Q1 2026.
Bullish continuation?GBP/JPY could fall towards the support level, which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 208.83
Why we like it:
There is a pullback support level that aligns with the 50% Fib retracement.
Stop loss: 207.21
Why we like it:
There is an overlap support level.
Take profit: 212.84
Why we like it:
There is a resistance level at the 61.8$% Fibonacci projection.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bearish reversal?GBP/NZD has rejected off the resistance level, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 2.3273
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss: 2.3472
Why we like it:
There is a pullback resistance level.
Take profit: 2.3095
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish drop off?EUR/GBP is rising towards the resistance level, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.8752
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss: 0.8771
Why we like it:
There is an overlap resistance level
Take profit: 0.8722
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off?GBP/USD has bounced off the support level whichis a pullback support that align swith the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3348
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.3293
Why we like it:
There is a pullback support level that aligns with the 38.2% Fibonacci retracement.
Take profit: 1.3455
Why we like it:
There is a multi-swing high resistance
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.






















