For me, GU's making symmetrical triangle pattern, so if it is valid first it is gonna test the upper line 1.25780=Area
GBPUSDhttps://www.tradingview.com/chart/4gpZEbkR/
, Sorry for the zillion lines, three fibs in it...
Les see whats gonna happen
GBPUSDhttps://www.tradingview.com/chart/4gpZEbkR/, Sorry for the zillion lines, three fibs in it...
Les see whats gonna happen
Trade closed: target reached
TP reached may look to downward to 1.2440-1.2420 are fib 23.6 and 61.8 overlayed Area
Note
fib extension, price reached 161.8
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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.