GBPUSD on near term Ledge: GU could fall off, Support zones plot

Quick plot of possible GU retrace to continue.
Currently sitting on support at previous lows.
Red Fib series of drop indicates further down.

Dollar is weak, no doubt, but it should retrace more.
Pound is well, the Pound, any news whips it around.
There should be bears waiting for support to break.

1.268x ought to provide a decent little bounce at least.
1.272x is questionable support, strong bull would bounce it.
1.265x looks like solid support, conservative bulls should buy.


See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.

EUR.USD long call (scalp that ran hard)
XAU.USD bounce call (perfect entry, huge profits)
USD.CAD top Call (warning just in time)
EUR.USD top Call (perfect top, still in play)
GBP.USD dip Call (just in time, quick 70 pips)
XAU.USD to $1367? (caught most of the spike)
Silver Bounce scalp (Perfect entry, still in play)
DXY toping call (Upthrust warning just in time)
SPX recent top (Fib extensions at work)
XAU.USD long to short (recent perfect entries)
USD.JPY short to long (recent perfect entries)
EUR.USD long term Short (the very tippy-top a year ago)
AUD.USD long term Short (almost at a long term target now)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.