GBP/USD -1D- Key Level Reached Long

British Pound/U.S. DollarFXCM

Description

⋅ Jan 30, 2021 5:54 PM

Still learning so please let me know your thoughts....

As you can see the price has tried to break the 78.6% Fib level for the last 7 days.

If we see a solid break of 1.37461 then the price could push along the lower trend channel or even break into the upper channel.

FX:GBPUSD

Trade closed manually

⋅ Feb 25, 2021 10:48 PM

"If we see a solid break of 1.37461 then the price could push along the lower trend channel or even break into the upper channel."

Has done exactly this. Trade closed.