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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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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

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