Smartwomanyaz_

Gbpusd retracing - overall bullish

Long
FX:GBPUSD   British Pound / U.S. Dollar
A double top ( looks like the letter M ) and currently been in a downtrend. Based of my technical analysis price is only in a downtrend to retrace. Using my fibs tool GU can hit 61.8 then continue back in its bullish direction. Look for reversal chart patterns once price starts reaching 61.8 fib level, which is around 1.35600 price area.

if you agree with my analysis please like or comment your input.


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