GBPUSD decisively turns back down after hitting Fibo target 1.618, completing ABC correction. See self-explanatory graph.
This is quite early in the Bearish trend development, so you get a great price if you sell now. Put a stop loss above 1.32
This is quite early in the Bearish trend development, so you get a great price if you sell now. Put a stop loss above 1.32
Comment:
The letter C should be at the 1.618 level. Forgot to update it.
