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British Pound / U.S. Dollar
Short

GBPUSD Short

By The_Pip_Trader
GBPUSD
After price broke its bearish structure on the 1H. Price continued to rally down. It then made a pullback with multiple candlesticks testing on the 50% Fibonacci retracement level creating a potential lower high and a resistance level. Entries are found on the lower timeframes like the 5min and 15min timeframes
500 Fibonacci RetracementBearish PatternsentriesGBPUSDgbpusdanalysisgbpusdshortlowertimeframeresistance_levelTrend Analysis
The_Pip_Trader

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