Attending the theory of trend lines, and using fibonacci tool and my theory of key levels Monthly, we find a possible purchase to capture a few pips, after that enter a sale that takes the price to the line of accelerated trend, the lines Orange are resistances or supports in Teporalidad Daily, the yellow lines are fibos in temparalidad of 1 hour, the white lines are the monthly key levels, it is possible according to what happens with the dollar, that the pair GBPUSD extends up to the levels -27 of the bullish rally, but ... Will Elliot's theory prevail?
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.