PlusFX

GBP range trading between Fibonacci lines

FX:GBPUSD   Pound Sterling/U.S. Dollar
54 0 2
GBP/USD             is currently sitting between the .764 lines and the .618 mark. Price recently hit the .618 and strongly declined. We believe the price will be hitting the .764 line maybe even carry onto the previous low at 0. See more Technical analysis at http://www.plusfxtrading.com
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