GBPUSD: Short at the retracement
Hi traders,
On the GBPUSD we started the day with an impulsive bearish move. We should now expect a retracement towards the 50% and 61.8% Fibonacci retracement of the top and the bottom.
Entry: 1.24646
Stop: 1.24925
Target: 1.23878 = R:RR 2.75
Cheers
On the GBPUSD we started the day with an impulsive bearish move. We should now expect a retracement towards the 50% and 61.8% Fibonacci retracement of the top and the bottom.
Entry: 1.24646
Stop: 1.24925
Target: 1.23878 = R:RR 2.75
Cheers
Trade closed: stop reached
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Related publications
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.