GBP/USD Downtrend
Trend: Bearish
Trend line: one lower high on trend line and the other lower high a little below the trend line
Short on strength
Stop loss: Last lower high: 1.20666
EP: based on fib level of 0.382(1.19079) and 0.618(1.19685) as the last lower high was little below the trend line
TP1: 1.17498
Trend line: one lower high on trend line and the other lower high a little below the trend line
Short on strength
Stop loss: Last lower high: 1.20666
EP: based on fib level of 0.382(1.19079) and 0.618(1.19685) as the last lower high was little below the trend line
TP1: 1.17498
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.