GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
EUROPA METALS LTD ORD NPV (DI), LLOYDS BANKING GROUP PLC ORD 10P, OILEX LD ORD NPV, VODAFONE GROUP PLC ORD USD0.20 20/21, BARCLAYS PLC ORD 25P, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
GBPUSD is under an important resistance and a downward trendline. I expect the market to reverse on the current level.
The current level is an interesting support area (support level + 50% fib level retracement). If price break the downward channel above, it could validate a double bottom pattern.
Under 13702, the next target price would be 11423 (next fibonacci expansion level), and 7735 (equal legs).
7735 would then be a very interesting price to go long (swing).