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    • Bones replied Dec 12, 2007

      Yes it was a test of the fibo but it was the 61.8 retracement of the drop from 28 Nov 2.0832 to 6 Dec 2.0177 I think you are drawing your retracement Fibo the wrong way round ? There is also a bearish trendline from the 2.1162 top at the same point ...

      Cable Update (GBPUSD)