Norsefx

GBPUSD possible scenario 4H

Short
FX:GBPUSD   British Pound / U.S. Dollar
Since this pair closed above the 1.27ext of the X-A leg, i think there is a good chance that we see a rally up into the 1.618 of the X-A leg.

The 1.618 also lines up with previous resistance.

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