British Pound / U.S. Dollar
Long
Updated

GBPUSD Quick Retracement? 07.03.2022

131
Seem that the market experienced some gaps.

It is quite probable that retracements will occur. Just like with oil.

No big news today. The fibo level shows the way 1.618.
Note
actually the level is 0.618, typo.

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.