Description
⋅ GBP has broken support at the Weekly Pivot Point and proceeded to a 127.2% extension.
I'm looking for a pullback into previous support turned resistance to short down to the Weekly S1 at 1.29000
Here is a better pic without indicators:
Order cancelled
⋅ Trade cancelled due to better than expected retail sales out of the UK.
Comment
⋅ GBPUSD has hit Weekly M2, a logical profit taking zone: