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timmynorin

GBPUSD (4H) Dancing with round numbers and fibonacci

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
timmynorin Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis gbpusdlong gbplong usdshort fibo
2
0
trendanalysis gbpusdlong gbplong usdshort fibo
Im buying into the strong support showed by 0.618 fib together with 1.285 round number.

For target prognosis Im also using fib - same level, 0.618 which coincides with another round number, 1.31.

Comment:
Another opportunity opened up for us, see details here:
GBPUSD Hourly, 2618 setup (LONG)
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