A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
The GBP/USD is trading just below 50% Fibonacci retracement line of 1.3090 after the selloff. The US non-farm payroll (NFP) report is expected to see 180K new jobs added in February while wages are ...