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UnknownUnicorn5944879

Good Morning 12.07.2021. GBPUSD Monday Retracement?

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
UnknownUnicorn5944879  
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Trend Analysis Technical Indicators GBPUSD humancapitalpro retracement
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chartpattern trendanalysis indicator gbpusd humancapitalpro retracement
The Fibo retracement levels show a possible profit of 15 pips until the 61.8% level.
Pros:
-Possible downward breakout after 1.3880. Range trading market on a slow day
Cos:
-Volatility issue since no significant news or reports are scheduled and is Monday.

Next stop at conservative level 1.3865
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