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fxinvestmk
Nov 12, 2023 10:55 PM

GBPUSD, D1 - Ready for uptrend? Long

OANDA:GBPUSD1D
GBP/USDOANDA

Description

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It seems that GBPUSD is ready for new uptrend. There is reaction on 61.8 Fibo. So basic scenario is bullish. Breaking below trendline will negate this idea. Trade carefully!
FibonacciTrend LinesGBPUSDforexideaspriceactionFibonacci RetracementTrend Line Break
Comments
TheFxAce
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The bullish market thesis you propose is comprehensive and detailed.
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