GBP/USD is finding support at the 23.6% Fibo retracement of the 11th March low to post Brexit vote swing high with the confluence of trendline old resistance turns support. The Ichimoku Cloud if bullish on the 4hr stochastic is somewhat overdone. However, there is potential for some higher grounds according to the daily stochastics. Bears look for a test of the 38.2% Fibo confluence level where bulls will look to hold for a considerable discount, targetting the 1.36 handle, (1.3584 200 week ma). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK Press: PM May is preparing a third meaningful vote on Brexit on March 20 FX Street 4 years GBP/USD is finding support at the 23.6% Fibo retracement of the 11th March low to post Brexit vote swing high with the confluence of trendline old resistance turns support. The Ichimoku Cloud if bullish on the 4hr stochastic is somewhat overdone. However, there is potential for some higher grounds according to the daily stochastics. Bears look for a test of the 38.2% Fibo confluence level where bulls will look to hold for a considerable discount, targetting the 1.36 handle, (1.3584 200 week ma). Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
