Hi traders.
That's my idea for GBPUSD for a short-tirm buy opportunity up to the recent highs, considering TP levels at the blue horizontal lines. The price is at strong Fib retracement level of 0.5 regarding the last big impulse move of 4H chart but it can retrace a bit more to the second path I drew. Let's see how things will occur.
Goodluck!
That's my idea for GBPUSD for a short-tirm buy opportunity up to the recent highs, considering TP levels at the blue horizontal lines. The price is at strong Fib retracement level of 0.5 regarding the last big impulse move of 4H chart but it can retrace a bit more to the second path I drew. Let's see how things will occur.
Goodluck!
Trade closed: target reached:
TP smashed!