Good morning 21.06.2021. Time to see that GBPUSD retracement?
Looks like an opportunity LONG for GBPUSD.
> After a long drop of over 300 pips since FOMC, it is quite probable that the pair will finally retrace to 61% of the move.
When we see the break of the important resistance level 1.3831, then we will expect it to rise until 1.3890.
> 14 period RSI support the upward move.
> After a long drop of over 300 pips since FOMC, it is quite probable that the pair will finally retrace to 61% of the move.
When we see the break of the important resistance level 1.3831, then we will expect it to rise until 1.3890.
> 14 period RSI support the upward move.
