Bid GBPUSD @ 1.2478
Updated
Broke a decent level to upside and formed a rounded retest. A little structure formed above but I don't think it is significant
Market is in a little uptrend on hourly, and this would be the first retracement and continuation with our zone falling into the 21/50EMA area.
Target is a little unclear , the ATR would be a good spot as there is a daily level, but aiming for a 127 fib extension of this up trend.
Market is in a little uptrend on hourly, and this would be the first retracement and continuation with our zone falling into the 21/50EMA area.
Target is a little unclear , the ATR would be a good spot as there is a daily level, but aiming for a 127 fib extension of this up trend.
Order cancelled
Front-run at 1.24797Note that this move initiated off the last "extreme" high at 1.2480 rather than the last little support area, seems to be happening more lately, might be better to move entries from the inner last level to a more major one with a stronger reaction.
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