GBP/USD is testing 1.30 , where to?

The pair has reversed sharply from the tough resistance zone at 1.3165$ . I did recommend a short there on my twitter account "@b4borio" .

Now , the pair is trading at early 1.30$ , is it going to break? or pull back upwards.
what i see here , is we are still in a correction and the pair is going to rally again.

So , where do we buy it?
Simple as it is on the chart , we have a chance now at this level which corresponds to 78% fibonnaci retracement.
you can long the pair from here and you would quit on a close below.
Your target would be around 1.3060$

You are free to share your thoughts below in the comments area , also if you have questions , I would definitely like to help.

Comments

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