price is looking ready to continue the bullish momentum
looking for a touch of the red resistance line of before price continues the decent. price has been making lower highs and lower lows
price consolidated and now price is has retested the broken level and now it looks like price is going to resume the trend. As well as the added confluence of the Fibonacci.
another GBP/USD short. price is struggling with the broken support now resistance 1.37222 and added with the other confluence of the 50% Fibonacci level as well and the trend continuation this looks like an ideal place to short the pound.
looks like price retested the broken support and tagged it as the resistance before continuing the decent.
3rd attempt of the 50% fib paired with NFP on Friday and previous price action.
simple set up price has reached top of ascending channel, fundamentals could align nice to support this idea