GBP/USD Analysis
Updated
Analysis:
-We saw this pair fall for a while as the USD strengthened
-The support zone is also a 61.8% Fibonacci level, that's why it rejected
We will wait for this pair to retest the next resistance then we sell with a 1:3 Risk-Reward Ratio
-We saw this pair fall for a while as the USD strengthened
-The support zone is also a 61.8% Fibonacci level, that's why it rejected
We will wait for this pair to retest the next resistance then we sell with a 1:3 Risk-Reward Ratio
Trade closed: target reached
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