Quick one GBPUSD

Diupdate
Had this idea earlier.

I see a little pullback down to 0.5 fib before heading upwards again towards the weekly resistance level. If price crosses 1.30639 before that, this trade is invalidated.
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Price has finally pierced the 0.618 fib line and held below. Looking good so far. As price reaches the target area (orange box), I will start looking for signs of weakness. My gut says price could go further down to 1.20x area but I think 0.5 is an area to watch closely.
Catatan
Looks like I jumped the gun. It has not held below the 0.5 fib line (yet?). We'll see soon enough.
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Looks like it did indeed hold below and has reached the target zone. Looking for an exit right around here.
Trading ditutup: target tercapai

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