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olly48
Feb 12, 2021 9:14 AM

GBP/USD Retracing To Support Long

British Pound / U.S. DollarFOREX.com

Description

Seeing a retrace to support after the breakout which is to be expected. Anyone who entered longs on my last post for this pair should still be good to stay in their positions. Looking for it to retrace to the highs of the previous resistance around 0.618 Fibonacci would offer the best entry.

Target remains 1.4000
SL can be just below 0.786 Fib
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