GBPUSD Again Retrace? 30.03.2023


GBPUSD Again Retrace? 30.03.2023 by BDSwiss_Academy on TradingView.com

Pairs experience volatility again!

GBPUSD has risen over 50 pips this morning following a reversal.

Good possibility of retracement back to 61.8% if the rapid move ended at the 100% level, as indicated.

Alternative scenario:

Maybe it is too early to consider that the movement ended. Breaking 1.23620 resistance level
would give extra push for 1.23900.

Marios Kyriakou

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