Market news
30.01.2018, 09:41

GBP/USD Analysis

GBP/USD on the last weeks has been appreciating and passes the barrier close to the 1.41.


At this moment, we can see that the price is starting a correction its last movements.


However, it can be interesting to trade once the price starts to reject the zone which we mentioned on the chart (green retangle) in order to go long in this pair.


Therefore, our bias for this pair is long but of the price doesn't respect the fibonnaci levels and the upside trend line we can consider a short entries as well.


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