The GBPUSD market price broke a strong weekly support last week at 1.3617
Then the maket retraced to the Fibonacci golden ratio of 0.68
Short opportunity to complete a short continuation ABCD pattern .
And MACD is still showing a berish environment of the market.
Then the maket retraced to the Fibonacci golden ratio of 0.68
Short opportunity to complete a short continuation ABCD pattern .
And MACD is still showing a berish environment of the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.