GBP/USD tests Fibonacci retracement level

Note: This section contains information in English only.
Source: Dukascopy Bank SA
At the start of this year's trading, the GBP/USD currency exchange rate declined. By the middle of Thursday's trading, the rate had reached the support of a 50.00% Fibonacci retracement level at 1.3196. Moreover, the 1.3200 mark was providing psychological support. 

The rate had two possible future scenarios. In the first case scenario, the pair should trade flat near 1.3200 until it is pushed up by the approaching 55-hour SMA. In that case the pair would next reach for the resistance of the monthly pivot point at 1.3226.

On the other hand, the 1.3200 support levels could fail and the pair would reach for the support levels at 1.3170. At that level, the 55-hour SMA was located together with the weekly R1 simple pivot point.
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