GBP/USD falling inside minor ABC correction 2

GBP/USD falling inside minor ABC correction 2

  • GBP/USD falling inside minor ABC correction 2
  • Next sell target - 1.3000

GBP/USD continues to fall inside the minor ABC correction 2 – which previously broke through the support zone lying between the key support level 1.3270 (former resistance level from August and September) and the 50% Fibonacci correction of the previous upward price impulse from the end of August. The breakout of this support zone accelerated the active ABC correction 4. GBP/USD is expected to fall further to the next sell target at the next round support level 1.3000.

gbp

Similar

Popular

EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera