Wait for a possible long term sell order around 1.30945 | 10 January 2020
10 January 2020, GBP/USD
Technical Observation
On this chat The Killers to focus on include 1.32842, 1.31 9047 1.31393 1.309045 1.30498 and a 1.2994. Yesterday,gbpusd spiked massively to the lower side and even attempted a break below 61.8% fib level, However the price ended up closing above the same level, as it is now, I expect price to proceed up to 50.0% fib level, that is 1.30945 where I'm going to look for low risk sell positions if they price breaks above this level, I expect a continuation much higher towards 1.3 1393
Trade Recommendation
Wait for a possible long term sell order around 1.30945
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
