GBPUSD testing major area of support!

2017年12月18日

Price is now testing major area of support from 1.3312 to 1.3300 (50% Fibonacci retracement, 76.4% Fibonacci retracement, Horizontal overlap support) and a possible bounce could occur at this level. Our next major level of resistance is at 1.3457 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 1.3210 (Fibonacci retracement, horizontal swing low support).

Stochastic (34,3,1) is seeing major support above 0.8% where a possible bounce could occur.

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