Popoythegreat

Consolidation Stage: RANGE TRADING with choppy analysis

FX:GBPUSD   British Pound / U.S. Dollar
Overbought level has been reach as suggest by the RSI.Need consolidation stage due to GAP UP done this day. The circle line near 38.2 FIBONACCI leve is a good opportunity to buy. Cutloss if 38.20 FIBO level was break. MOney inflow also depicts that smart money has been coming out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.