GBPUSD DTF Trade Opportunity Short 06/01/2023

15 בינו׳ 2023

The price action after facing rejection from strong resistance at 1.24504 has turned bearish and on its way to anticipated Fib retracement of 61.80% (1.16563), 50% (1.14110) and further 38.20% (1.11567).
The anticipated bearish trend is also supported by Bearish Diversion in RSI.