8 June: GBPUSD drop incoming
Hi everyone!
Price is testing resistance in line with 61.8% fibonacci retracement and breakout of the trend line where we could see a further drop below this level. Our stop loss is placed higher than the latest high with take profit targets at -27.2% and -61.8% retracement levels.
Trade ideas posted here daily, follow for the latest updates. If you have any views on the currencies please type in the comments below, I'd love to hear them!
Price is testing resistance in line with 61.8% fibonacci retracement and breakout of the trend line where we could see a further drop below this level. Our stop loss is placed higher than the latest high with take profit targets at -27.2% and -61.8% retracement levels.
Trade ideas posted here daily, follow for the latest updates. If you have any views on the currencies please type in the comments below, I'd love to hear them!
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