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Hello traders and friendsbase on technical analysis view and Fibonacci, we can forecast next pricemovement .GBPUSD move in major down trend , but there is a correction ( 5 days price move to up )we can use correction in down trend to add position or short entry , its rather toenter in case of touch trend-line or at fibo levels ( 50 % or 61.8 % )the first scenario :price try to touch trend line then continue its down move .so its good to enter short @ 1.43000and stop loss above previous resistanc…
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GBPUSD
hi traders
gbpusd is good for long position ( H1 time frame )
the current price @ 1.5117 is near from fibo 61.8 @ 1.50894
the minimum target is fibo 61.8 @ 1.53399
thank u
gbpusd is good for long position ( H1 time frame )
the current price @ 1.5117 is near from fibo 61.8 @ 1.50894
the minimum target is fibo 61.8 @ 1.53399
thank u