Shorting GBP until it hits retracement at 0.618FIB

٢٤ يوليو ٢٠٢٠

GBP has seen a recent up trend however using FIB ret we can indicate that this movement is to retrace at 0.618 with the new ceiling at 1.27943

PSAR is hitting a 20 day EMEA meaning that the trend upward has definitely run its course and with the MACD about to hit the top and reverse