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ErikTheMarketMaker

GBP/USD FIB PATTERN

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
ErikTheMarketMaker Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD GBP cable cablelong longsetup poundsterling pound
3
0
trendanalysis chartpattern gbpusd gbp cable cablelong longsetup poundsterling pound
The price is currently sitting on the 61.8 fib level which could lead into a higher high to the 1.272 fib level. The main longterm target is 1.345, and the short term target is around 100 pips from the current area.

The gbp/usd is still in a strong bullish trend.
Comment:
45 pips loss
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