GBPUSD decisively turns back down after hitting Fibo target 1.618, completing ABC correction. See self-explanatory graph.
This is quite early in the Bearish trend development, so you get a great price if you sell now. Put a stop loss above 1.32
This is quite early in the Bearish trend development, so you get a great price if you sell now. Put a stop loss above 1.32
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The letter C should be at the 1.618 level. Forgot to update it.
