GBPUSD INTRADAY TRADE 1.300 TARGET

5 apr 2019

Good morning from the UK. Keeping this one short and sweet, I caught a 50 pip retracement this morning however with a heavy bearish closure yesterday and signs of the dollar strengthening with non farm payroll figures looming I see this a possible Fibonacci reversal to the downside breaking through my trend line on a fourth touch.

!.3000 is a strong physiological key level this pair does enjoy visiting