Tuhi_Capital

GBPUSD - Sitting Above 50% Retracement

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
- Has retraced over 50% of its downswing.

- Momentum needs to be resolved here - currently we in a volatility contraction which needs to play out. Up and Down targets have been set.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.