GBPUSD IN DOWN TREND
GBPUSD is in 1H and 4H TF downtrend with lowers lows and lower highs.
Entry point is buy limit at 62% fib retracement @ 1.2908
TP1@ 1:1 RR and TP2 @ 1:2 RR
SL above last Lower High @ 1.2994
Entry point is buy limit at 62% fib retracement @ 1.2908
TP1@ 1:1 RR and TP2 @ 1:2 RR
SL above last Lower High @ 1.2994
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.