Short

GBP/USD:UPDATE SHORT on Retracement 50% FIBO RESIST. SELL

Updated

After the Great yesterday's forecast where we have seen the GBP/USD Drop dramatically following our Technical analysis in combination with the News released, the price today tries to take a " breath " and as you can see the price is in a retracement. This retracement following our technical analysis can find a Resistance to not going over at 1.16089 exactly where the first take profits of our Harmonic pattern was placed and in combination with the Level 50% Fibonacci retracement. As you can see the RSI is still in Bearish and the Stochastic seems ready to drop more on the bearish side.
Note: The price can falling down before reaching our point of attention.

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✅ Yesterday's forecast

GBP/USD:SHORT From 61.8% FIBO Resistance Area CYPHER SELL

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✅ AFTER 🏆🏆

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✅ TODAY PRICE IN RETRACEMENT

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GBP/USD:SHORT From 61.8% FIBO Resistance Area CYPHER SELL

by FOREXN1

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