GBPUSD looking upwards!
Great test at the 0.5 fib level as pointed out a few weeks ago.
Its now the tipping scale of whether it will actually proceed with the overall uptrend or just in a correction phase before continuing downwards.
Will monitor PA and check fundamentals.
Two big areas for resistance testing.
0.382 and 0.5 retracement levels coming up.
Happy trading folks
Its now the tipping scale of whether it will actually proceed with the overall uptrend or just in a correction phase before continuing downwards.
Will monitor PA and check fundamentals.
Two big areas for resistance testing.
0.382 and 0.5 retracement levels coming up.
Happy trading folks
Disclaimer
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.