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Forex Analysis:::2019-06-13

GBP/USD near support, a bounce is possible!

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GBPUSD is near support, a bounce to 1st resistance is possible

Entry: 1.2844

Why it's good : 100% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal swing low support

Stop Loss : 1.1256

Why it's good :38.2% & 61.8% Fibonacci retracement,100% Fibonacci extension, horizontal swing low support

Take Profit : 1.1342

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

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Dean Leo
Analyst InstaForex
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