The GBPUSD has fallen relatively quick the last few days.
The Fibo tool is not accurate that's why lines were drawn on the chart.
When the resistance 1.311 on this chart is passed then is possible for the pair to move upwards until the next fibo level (61% of the move , at 0.382 Fibo level ).
The Fibo tool is not accurate that's why lines were drawn on the chart.
When the resistance 1.311 on this chart is passed then is possible for the pair to move upwards until the next fibo level (61% of the move , at 0.382 Fibo level ).