My idea is to buy cable on the 38% fibo retracement (4h timeframe). One could place short SL below 50% fibo. GBPUSD is now in the up trend on 4h timeframe.
buy @ 1.2589
SL @ 1.2550
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
