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FX.co ★ GBPUSD approaching resistance, potential for big drop!

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Forex Analysis:::2019-10-30T02:24:32

GBPUSD approaching resistance, potential for big drop!

Entry: 1.2903

Why is it good: Horizontal swing high resistance, 100% fibonacci extension, 50% fiboancci retracement

Take Profit : 1.2800

Why is it good: Horizontal swing low support, 100% fibonacci extension, 23.6% fibonacci retracement

Stop loss: 1.2700

Why is it good: horizontal overlap support, 38.2% fibonacci retracement

Analyst InstaForex
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