fibonacciaustrian

WTF happened today?

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OANDA:GBPUSD   ポンド/米ドル
In my last post I said " it would touch 1.273 it seems and if it falls under, we can see 1.271, which is showing as some good support on the 3H.

A bounce from 1.273 may send up to 1.276 in the very near term"

Well we did way better than expected.
Currently at 1.28258, however those red dots on the 13m are now resistance.

If we break and close over, we go higher with 1.287 being a strong target.

For now, RSI is overbought, so expect a sell off, early targets are
1.281 then 1.280 then 1.279

Happy Trading

FIBAUS

Eat, Sleep, trade
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