Pure technical analysis
GBPUSD just broke the lower channel from the former long range. The analysis is still coherent with our previous analysis on last Sunday. Now price tries to create a pullback.
We believe this is a nice opportunity to scalp the pair to 0.382 to 0.5 Fib zone.
GBPUSD just broke the lower channel from the former long range. The analysis is still coherent with our previous analysis on last Sunday. Now price tries to create a pullback.
We believe this is a nice opportunity to scalp the pair to 0.382 to 0.5 Fib zone.
Comment:
GBPUSD scalping just hit the take profit of 77 pips, 5.7 R (1.25327 to 1.26097).