GBPUSD Analysis - Sells 🔻

4 באפר׳ 2021

From the analysis I have made and the technical information I have gathered, I am anticipating sells on this pair because price has impulsively broken out of the range it has made (around 1.38336 and 1.40047 ) and is now retesting that range as resistance. For added confluence I have identified that price has rejected of the 0.50 Fibonacci Short on the Daily timeframe once before and is forming what seems to be a double top on resistance. given the information gathered, price should fall pretty decent to around 1.34579 since the dollar is now strengthening.

5 באפר׳ 2021

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