Pullback Likely For GBP/USD at 1.50837
Fib level 0.764 converges neatly with a weekly trendline that began on 15th July 2014. Significant because it marked the star of the decline
of GBP/USD from highs not seen since 2008.
See chart for entry, exit and stop levels, Potential for a swing trade to the downside from around exit level, targeting 1.5100
of GBP/USD from highs not seen since 2008.
See chart for entry, exit and stop levels, Potential for a swing trade to the downside from around exit level, targeting 1.5100