GBP/USD stuck at 127.2% Fib expansion

١٩ مايو ٢٠١٧

GBP/USD is struggling to push through 1.3009 (127.2% Fib expansion). We have already seen a failure to hold above 1.30 yesterday.
A similar action today would open doors for a more pronounced sell-off to 1.2950 levels.
A daily close above 1.30 today would open up upside towards 1.3150-1.3180 region.