after a bearish spike we had a bullish spike and made a V so we have a possible scenario and it is nothing but correction we can see price is resting for now and you can consider a little bearish move for correction since it has broke the trendline and by %65 of fib and round number we find 148.00 which is a perfect number for target please follow me and...
GBPUSD is ready for another bearish move after rest so we have two options 1. Pullback to purpule area and after touching the trendline you can sell it 2. if the price broke the last lower low you can sell it but consider that your risk/reward should be 1.1
Everything is ready for another bearish move Sell at 2160 2165 2170
Everything parameters says gold is bearish for now and by trend line and correction of previous spike so let's go sell at 2165 2160
With the bearish channel and the support levsl, after touch the high of channel and see confirmation we can go for sell until next support level
By the sharp Fall in 1h, a good correction is to be expected and considering OB Area and trend numbers, price can be effected buy it won't be too much and by the fibbo and 65% level, price can go upper and the big sell after confirmation is to be expected