GBPUSD under Consolidation
Under the H1 time frame you can clearly see GU is under consolidation. When fib, it respects the downside of the 50 but may push a little up to get more volume ( possible OB). It may then go down to close some of its buy positions.
Trade was taken on a 72$ account with a 30% risk. RR is 1:3.
Trade was taken on a 72$ account with a 30% risk. RR is 1:3.
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