IOX-FX - GBPUSD - Bearish trendline break
Gbpusd
The price of gbpusd has broken the upper trendline of the bullish channel, now I expect a fibonacci retracement to the 0.618 level, which is also a support zone.
In lower timeframes a bullish channel has formed.
Possible target: 1.36077
The price of gbpusd has broken the upper trendline of the bullish channel, now I expect a fibonacci retracement to the 0.618 level, which is also a support zone.
In lower timeframes a bullish channel has formed.
Possible target: 1.36077
Note
UPDATE CHART + SIGNAL
Note
+52 pips
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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.