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Forex news -forex broker review => Forex => Topic started by: PocketOption on Oct 11, 2022, 02:01 am

Title: GBP/USD Outlook: Bears Taking a Breather above Fibo Support at 1.1053
Post by: PocketOption on Oct 11, 2022, 02:01 am
GBP/USD Outlook: Bears Taking a Breather above Fibo Support at 1.1053

Cable starts the week in a quiet mode and holding within a narrow range above 1.1053 (Fibo 38.2% of 1.0348/1.1489 upleg / last Friday's low) where the strong fall in past three days found temporary footstep. Near-term structure was weakened on quick pullback after a double upside rejection at 1.1500 zone, as the pair was […]


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Source: GBP/USD Outlook: Bears Taking a Breather above Fibo Support at 1.1053 (https://www.actionforex.com/contributors/technical-analysis/467644-gbp-usd-outlook-bears-taking-a-breather-above-fibo-support-at-1-1053/)