Good morning Jetheat, thankyou for the daily charts.
I trade both these pairs and use fib. retracement alot.
I have a rule that the start and finish of the large swing fib. must be proper traded, not spike downs to
take stops out. 😈
Before anyone says this is curve fitting and hindsight, it works for me. 😆
With Euro i start at 3095 low of day to your high, so yesterday it hit the 50% and bounce off.
With GBP i start at 9068 which is the lowest price traded before the news causes the price to spike down
This gives a good fib. retrace at 78.6%.
I hope this helps and doesn't confuse people. 🙄