Oct 3rd W1 Pre-open analysis: GBP/USD is on the verge of a break

British Pound/U.S. DollarFXCM

Description

⋅ Oct 2, 2022 1:09 AM

GBP/USD climbed the stairs and could be about to go down the escalator as per the following MTF analysis.

Please note, the daily chart reached 78.6%, not a 61.8%....I measured it wrong...so that's even more bearish for the open.

Comment

⋅ Oct 2, 2022 1:27 AM