Potential Moves for GBP/USD
Updated
In a week packed with news concerning most of the majors, the British Pound might look for possible gains towards 1.22500 which also happens to be the 61.8 fibo retracement of the recent leg where the price could either face resistance and continue its downtrend wave or it could breakthrough to the upside and aim towards 1.23333.
Trade closed: target reached
1.22500 Target Profit Hit.
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