Currently price on the gbp/usd is resting on the 8950 leve, as anticipated. A clear break of this zone may open the gateway to the 8900 RN. Volitility expected to be low ahead of the election. Several news events remain for the week especially the expected GBP rate hike, which may be priced in at current levels.. if they dont raise this would be highly unexpected we could see more dollar strenght as a results.
Eyeballing some TL's and Support zones further down the ladder in deeper Fib retracement territory based on previous upswing move.
Eyeballing some TL's and Support zones further down the ladder in deeper Fib retracement territory based on previous upswing move.