Fib level 0.764 converges neatly with a weekly trendline that began on 15th July 2014. Significant because it marked the star of the decline of GBP/USD from highs not seen since 2008.
See chart for entry, exit and stop levels, Potential for a swing trade to the downside from around exit level, targeting 1.5100
Comments
JazzForex
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Another call of Ace quality!
aceofswords
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Cheers bro ;0)
GcNaif
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totally agree , fruitful one for the ppl who took that