GPBUSD: completed the 161.8fe. What's next?
The cable completed the 161.8% of the A-B-C corrective pattern (below chart) at 1.3340 below this, a previous swing low exists at 1.3300.
Ahead of FOMC minutes, we expect the cable will park the brakes between 1.3300-1.3260 levels.
Ahead of FOMC minutes, we expect the cable will park the brakes between 1.3300-1.3260 levels.
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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.