The GBPUSD had been riseing last week and at the beguin of this one, but as well we should not ignore the fact that as far as now, this seems to be just a pullback from the huge down side movement.
The question here is, the 50% retracement will be tough enough as to bend the price, should we be prepared.
The reversal zone starts now but can extend till the 50% point
In the first reversal the objectives less risky will be at1.5362
So lets the risk reward lead us.
The question here is, the 50% retracement will be tough enough as to bend the price, should we be prepared.
The reversal zone starts now but can extend till the 50% point
In the first reversal the objectives less risky will be at1.5362
So lets the risk reward lead us.