JohnnyPurtoy98
Long

GBPUSD - retracement very likely

FX:GBPUSD   British Pound / U.S. Dollar
It is very likely that a retracement is going to take place soon with this currency pair, due to the overextended market conditions. I believe that the price would retrace to the 0.382 level on the Fibonacci retracement , this is also inline with the neckline of the double top that had formed before this bearish move.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out