Join Senior
Market Strategist & Trading Mentor Duncan Cooper as he watches price levels
on the GBPUSD daily and 4-hour
charts.
Price has
rallied back to the 79% fib retracement level of the daily range.
1.2745 the 79% fib
retracement level.
Watching for price
to rally and fail at this intraday resistance level for a further decline
targeting 1.2479 the 127% extension level.
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This article
was written by Duncan Cooper – Senior Market Strategist & Trading Mentor