GBP Analysis - Part 1

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Trying to make sense of this rollercoaster that is the british pound. The vertical fibonacci is indicating some clear trendlines, and the sine lines are to represent the psycological macro energy influencing the price. The horizontal fibonacci is used to measure periods of bullishness, volitility, and consolidation.

In part 2 I will extend the horizontal fibonacci so that we can make preditions about the upcoming market behavoir.

Disclaimers, not intended to be financial advice,
not an expert, mainly trade and chart cryptocurrencies.

Biffy

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