GBP/USD has corrected from its prior downturn on the 1H chart and has touched the 50% fibonacci level and an important support and resistance line.
Correlation indicates continuation of downturn. Reward to Risk is very favorable. Already in the money and will leave it overnight.
Learn more about my source at etraderjournal.com/
Correlation indicates continuation of downturn. Reward to Risk is very favorable. Already in the money and will leave it overnight.
Learn more about my source at etraderjournal.com/
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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.