I am bearish on GBP/USD from 1.2423. According to the projection of this re-distribution, GBP/USD may visit the level of 1.2200 in next period. Firstly, I would like to see a breakout of support at 1.2395. This is classic re-distribution by Richard Wyckoff since we got mark down in the background. Trade safe and good luck >
I did Fibonacci work on USD/CAD and found interesting confluence zone near 1.3095-1.3105. I see 3 potential targets on USD/CAD > TP1 at 1.2990 TP2 at 1.2920 TP3 at 1.2800 Pay attention on the recent low at 1.3025. There are news events today so be careful with your risk and keep the risk in control.