British Pound / U.S. Dollar

GBPUSD 200pips shot

By rodriguesths

Updated

Two scenarios here, we have 61,8%fib lvl Doing a great job as resistance so far.. If price manages to break, i can see it climbing all the way to 1.2700 area! On the other hand, we have a possible break down of the pattern and that could cause price to drop to at least 1.2150! For now we wait!
What do you think?? Leave a comment!!

Note

First entry running +20pips

Note

First entry full closed with +95pips

Note

Second entry for 1.2260 running +30pips

Note

Second entry closed with +20pips
Monitoring for a third possible entry

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