GBPUSD has been very bullish and is in an uptrend. Price retraced at the 61.80% Fibonacci Retracement level. It broke the pullback resistance. Looking for a 1:6 ratio on this trade.
Note
GBPUSD analysis created a double bottom on the 1 hour time frame looking to hit tp.
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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.