GBPUSD is showing some weakness to move further up. But I still see a possible retest to the trendline support possibly completing a Gartley pattern . For me the price to watch is 1.57000 which has been tested several times and rejected in the recent past.
So short term, I believe there is yet another upward move left. What do you guys think?
Yes, you are right. But I take a close above the 50% just as valid because its already into the 61.8% zone. Besides ratios and harmonics are never pitch perfect, they are just a guide to possible price movement patterns.
Thanks for pointing it out though :)