I try to use same methodology for GBP analysis (FIBO, 0.618).

I am not Fibonacci Master, however I respect this type of analysis. I have tried to make setup for EUR 0.618-0.618 yesterday, now I try to use similar approach and publish GBP setup. I can see similar historical move on it just timing a little differ. This setup is based on idea that we could see a correction to 2017's growth from 0.618 level (if happens) of a huge move (from July 2014 till October 2016). So the idea of this setup also is: "from 0.618 to 0.618".

Transaction en cours

Transaction en cours

Transaction en cours

Ordre annulé

Transaction en cours

Transaction en cours

Trade fermée manuellement

Ordre annulé:

The dangerous asset. A rigorous risk management is mandatory.