British Pound/U.S. DollarFXCM
Description
⋅ How the mighty has fallen!! From the lofty heights at 1.7200 to the current levels of 1.6000. A fall of 1200 pips within 3-4 months.
There could be a technical rebound around 1.5720-30. This is the 61.8% FIB retracement level and also a prior support/resistance zone.
Long GBPUSD 1.5720-30
SL 1.5660
TP1 1.5850
TP2 1.6050
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