GBP/USD 1h chart setup

GBP/USD has been showing out a perfect Fibonacci pattern.

Could it break through the 61.8% barrier & eventually hit the 100% retracement level?

"Fibonacci is mostly self-prophecy of traders, & it happens mostly in most traded currency."

SETUP suggestion:

Long @ 1.312 >> 50% retracement level
SL @ 1.308 >> 50% level unable to hold & leave some space for fake breakout
TP @ 1.33 >> 100% retracement level


Trade at your own risk.

Sorry for bad English & I wish you good luck.
Kyle the average trader.
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