GBP/USD SHORT from Resistance 50% FIBO Reversal Pattern SELL
The GBP/USD as predicted in our last Ideas, after a Pullback ( followed also by the EUR/USD ) now it's in a crucial point where the price retests the previous Resistance line, the dynamic Trendline, and the 50% Fibo levels. Also, there is a Cypher Bearish HArmonic pattern where the D point ( reversal ) it's exactly where is located the 100 Moving average. The price is overbought by Stochastic and the RSI seems ready to have a reversion.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.