I still think GBP is undervalued. since it held on a bigger fib and extended higher, i think there is a great possibility for GBP to climb higher. the 61.8 fib retracement level lines up with the daily recent swing point. A retest of this zone would be ideal
Note
Failed to form a rejection followed by a engulfing candle so bias invalid
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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.