good opportunity to buy USD, RSI is showing a divergence and now the price is on a fibonacci level
10% oscillation from resistance (dotted blue line) to support (other dotted line)
GBP will hit an hard resistance coming from 2014, elliot waves confirm the short
following the rectangle rules, this are the probable targets
the price is going to go up until the black line, where could start a sideways phase
55sat could be a good buy point, let's wait for the bounce
This is a General Analysys. At the end of the chart we can see a little inverted hammer pattern, on a downtrend it' s important, perhaps reversal. If there will be another red candle, the chart can hit the old resistance line that can transform itself on support line