I'm expecting this to complete the move to the bottom of the Daily channel
Currently it is approaching the 78.6% fib retracement of the previous high
This is possibly a good point to go short
The pair may go straight through the channel bottom.
Hope this helps
Good luck Steve
Currently it is approaching the 78.6% fib retracement of the previous high
This is possibly a good point to go short
The pair may go straight through the channel bottom.
Hope this helps
Good luck Steve
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GBPUSD UPDATE
SteveNixon
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about GBPUSD
A fed interest rate rise is expected but we never know what is going to happen or how the market will react. Caution required