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edlawrence05

GBP/USD Consolodation period

British Pound / U.S. Dollar (FX:GBPUSD)  
edlawrence05  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis GBPUSD
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trendanalysis gbpusd
Here we can see that the currency is now hitting the support levels of the fibonaci points determined by its recent downfall. i think that this will either stay in consolodation or breakthrough the fibonaci resitance and make its way up back to around 1.37.
Hope im logical
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