Wait for a possible long term sell order around 1.30945
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
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