As predicted in the last forecasts, the GBP/USD after The massive drop from the Cypher Harmonic pattern in confluence with the Resistance zone and the 61.8% FIBO, continues its rally following the strong Bearish downtrend. Yesterday the price just take a moment to breath with a retracement and today everything seems ready to have a new pushdown. 1.1450 is at the moment our target to complete the Cypher formation. RSI + STOCH in strong Bearish side.
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