| Updated: November 9, 2023
The GBP/USD bounced off the support level of 1.3070 in order to complete a 38.2% Fibonacci retracement at 1.3145 level. Closing of candles below this level can drive selling bias in the Cable. Check out a quick trade plan in the GBP/USD analysis video.
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Commodity Market: Pivot Levels for Monday (January 16th 2017) Silver (SI) for March delivery (1 Troy Ounce)R1 – $16.787
R2 – $16.810
R3 (Range Resistance – Sell) – $16.832
R4 (Long Breakout) – $16.900
R5 (Breakout Target 1) – $16.978
R6 (Breakout Target 2) – $17.012S1 – $16.743
S2 – […]