GBPUSD is going towards south
GBPUSD
*Its lost its ground against US dollar. Its felled almost 1000 pips
*We can expect short term pullback towards 1.24200 which is 78.6% Fibonacci
*And we may expect further resistance towards 1.26240
*Potential short positions may open at 1.24200 level and take profit will be 1.20700
*Stop lose may placed above 61.8% Fibonacci level
*Its lost its ground against US dollar. Its felled almost 1000 pips
*We can expect short term pullback towards 1.24200 which is 78.6% Fibonacci
*And we may expect further resistance towards 1.26240
*Potential short positions may open at 1.24200 level and take profit will be 1.20700
*Stop lose may placed above 61.8% Fibonacci level
Trade closed: target reached
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Related publications
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.