GBP/USD stuck at 127.2% Fib expansion
GBP/USD is struggling to push through 1.3009 (127.2% Fib expansion). We have already seen a failure to hold above 1.30 yesterday.
A similar action today would open doors for a more pronounced sell-off to 1.2950 levels.
A daily close above 1.30 today would open up upside towards 1.3150-1.3180 region.
A similar action today would open doors for a more pronounced sell-off to 1.2950 levels.
A daily close above 1.30 today would open up upside towards 1.3150-1.3180 region.
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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.