nelsyboy

GBP/USD FIB IDEA REWORKED

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FX:GBPUSD   ポンド/米ドル
I published a LONG idea for this pair and got it wrong by about 3 days. Wrong is wrong though. The previous move down was a 76% retrace right on the button. This move up has started a retrace and has almost but not quite made the 50%. A conservative target would be the 61% but I do think it's got legs to get to the 76%. I expect the final leg up may well come in after a blip down first. Hopefully, this idea will be right.
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