GBPUSD has strong daily support at 1.29800-1.29900. The same zone has confluence with the 618 fib level. If daily support is respected then we could see price move towards 1.31500 area which is in alignment with the fib -.618 extension. RR 4.25.
Yorum:
GBPUSD failed to hold the support area and so no entry was taken.