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GBP/USD Outlook: Bears Taking a Breather above Fibo Support at 1.1053

Started by PocketOption, Oct 11, 2022, 02:01 am

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PocketOption

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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