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20.09.2019 06:28 AM
GBP/USD testing resistance, potential for further upside!

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GBPUSD is testing our intermediate resistance at 1.25563 where a break above this level could see price rise further to test our first resistance.

Entry: 1.25563

Why it's good : 61.8% fibonacci extension

Stop Loss : 1.24401

Why it's good : 38.2% Fibonacci retracement, horizontal swing low support

Take Profit : 1.27074

Why it's good: 100% Fibonacci extension, horizontal swing high resistance, 50% fibonacci retracement

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Dean Leo,
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