The daily chart of the GBP/USD pair shows a Gravestone Doji candle… that too at 1.2404 (23.6% Fibo of 1.3445-1.2083).
The doors have been opened for a Fed rate hike in December, thus the odds of the pair retreating to 1.2250 are high.
The doors have been opened for a Fed rate hike in December, thus the odds of the pair retreating to 1.2250 are high.