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.
Note: The price can falling down before reaching our point of attention.
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✅ Yesterday's forecast
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✅ AFTER 🏆🏆Comment
✅ TODAY PRICE IN RETRACEMENT
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