Fibonacci Calculator GBP/USD
Calculate Fibonacci levels for GBP/USD
Inputs
Calculate price range
1.27200 - 1.25800
= 0.01400
Calculate 38.2% level
1.27200 - (0.01400 × 0.382)
= 1.26665
Calculate 61.8% level
1.27200 - (0.01400 × 0.618)
= 1.26335
For GBP/USD Fibonacci levels: GBP/USD uses standard 4-decimal pricing where one pip equals 0.0001. This major pair has typical spreads of 0.9-1.5 pips with high liquidity across all sessions.
Frequently Asked Questions
How do I use Fibonacci levels for GBP/USD trading?
For GBP/USD, identify a significant swing high and low, then apply Fibonacci retracements. Key levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6% of the move.
Which Fibonacci level works best for GBP/USD entries?
The 38.2% and 61.8% levels often provide strong support/resistance for GBP/USD. As a major pair, GBP/USD may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for GBP/USD targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on GBP/USD to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.