GBPUSD will fall more now or from 0.61% of Fibonacci structure

4 mar 2021

As we can see we would expect continue of falling from this level that we have rejection from 0.38 % of Fibo or the price will pump a little more to 0.61% of Fibo (second retest of broken trendline too) and then start to fall to our targets .

Targets are :
A.1.3850
B.1.3780

purple arrows are previous analysis that are :

and..

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if and if we lost 0.61% of fibo falling then the price can go higher too and new high that would be

5 mar 2021

Trade chiuso: obiettivo raggiunto

+180 pips in two days