After tremendous bullish movement we have: 61.8 fibb level, previous support/resistance level AND a hopeful trend line roof to support a short sell. Risking 40 pips to make 120+. Only trepidation i have is that we are not QUITE at the 61.8 fibb level. Advisory: we're just coming off a STRONG uptrend and we might still be in it use medium risk.
Comment:
GBP Bulls were on STEROIDS the close of week ending September 15th, many previous levels broken and i believe the July 6th high will be broken as well now!