GBP/JPY H4 | Bullish bounce off 38.2% Fibo?

BY admin admin

TitleGBP/JPY H4 | Bullish bounce off 38.2% Fibo?TypeBullish BouncePreference:The current price is on the pivot level at 187.092, which is a pullback support and it also aligns with the 38.2% fibo retracement level at 187.121. Price could bounce off pivot level and towards the 1st resistance at 188.192, a pullback resistance. Alternative scenario:Price could break pivot line and fall  to 1st support level at 185.815 a pullback support.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Gold (XAUUSD) Pullback Looking for Support to the Upside

<p><img width="612" height="405" src="https://www.actionforex.com/wp-content/uploads/2020/04/f-gold79.jpg" class="attachment-post-thumbnail size-post-thumbn

Forex

ASIC Eyes AI: New Plan to Shield Australians from Financial Scams

<p>Artificial intelligence (AI) may soon assist financial regulators in combating criminals. The Australian Securities and Investments Commission (ASIC) has announced plans to escalate its enfor

Forex

‘Lives put at risk’ by UK’s failure to fast-track Sudanese asylum claims

<p>Refugee charities are calling on the British government to speed up family reunion visas as fighting continues around Khartoum A Sudanese asylum seeker, Yousif (not his real name), was in his

Copyright © 2024 | WordPress Theme: Xews Lite