- Cable retraced 61.8%+ of the rally to 1.5155 from 1.4635 yesterday
- Possibility seen to the 76.4% fibo at 1.4758
- 100 HMA lends support ahead at 1.4789
- As underlying trend stays with the bears, look to fade rallies
Technicals
Add as a preferred source on GoogleGBP/USD retracement targets 1.4758 fibo next
Cable retraced 61.8%+ of the rally to 1.5155 from 1.4635 yesterday Possibility seen to the 76.4% fibo at 1.4758 100 HMA lends support ahead at 1.4789 As underlying trend stays with the bears, look to fade rallies
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