arongroups

NEW IDEA ABOUT GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
The British pound and the algos cypher have formed a downward trend, which is likely to enter the price correction until the bottom of 1.2366.
In the meantime, the following supports that are determined based on Fibonacci levels are seen one after the other.
1-Fibo support of 61.8% at 1.2423
2-Fibo support of 78.6% at 1.2398

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