... developing in an uptrend which started in Jan. 2017. Chances are that the price will pull back down to the 0.886 level due to stronger previous price action around the 0.5 retracement.
I feel its consolidating from 1.36 to 1.305 great up and down opportunity nonetheless until things truly look rosey for the GBP as its really undervalued.
4X-Trader
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@Jamal92, you may be right. If you look at it from a daily perspective and consider XA (1.304; 1.355) a 0.5 retracement on the longer timeframe would make the 4H a Garley...