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Shorting GBP until it hits retracement at 0.618FIB
British Pound / U.S. Dollar
Short
Shorting GBP until it hits retracement at 0.618FIB
By AND_CAPITAL_LLC
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Jul 24, 2020
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Jul 24, 2020
GBP has seen a recent up trend however using FIB ret we can indicate that this movement is to retrace at 0.618 with the new ceiling at 1.27943
PSAR is hitting a 20 day EMEA meaning that the trend upward has definitely run its course and with the MACD about to hit the top and reverse
GBPUSD
Trend Analysis
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