Short

GBP/USD SHORT from Resistance 50% FIBO Reversal Pattern SELL

Updated

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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✅ WINNING IDEA 1

GBP/USD: As predicted, DOUBLE TOP and price DROP.

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✅ WINNING IDEA 2

GBP/USD: Double Bottom with RSI DIV - Pullback LONG Setup

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