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Xpressforex
Nov 22, 2020 9:06 PM

GBPUSD - Potential Retracement 

British Pound/U.S. DollarFXCM

Description

GBPUSD - Following a 'pip perfect' week with GBPUSD last week, are we potentially seeing a market reversal/ retracement to the 'golden zone'?

Failing to break the 1.33143 level last week and sitting very close, will we see a break or reversal? I believe a break of the ascending trend and retracement to the 61.8 Fibb level.

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