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ForexLive: GBP/USD Using Fibo Levles To Define Ranges

posted by Avatar ejc 355 days ago in GBP, Technical, Daily

Traders used the 38.2% of the weeks trading range to sell above but have used the 38.2% of the post employment move to buy. A move above the 1.5377 retracement opens the door for further upside potential. Looking for the break of the support/resistance levels to define the next move for the pair.
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