GBP/USD (Short-term) bearish move
As I predicted in my previous post, GBP/USD has broken the previous bullish channel it has maintained for some time. Printed a retest, and moved impulsively to the downside. On the 28th of February it had a corrective move with got to the 61.8% of the earlier mentioned impulse move.
It has no printed a double top on the 61.8% of the Fib number signal a possibly further push to the downside.
RISK DISCLAIMER: Trading Forex involves a lot of risk. Thread carefully
It has no printed a double top on the 61.8% of the Fib number signal a possibly further push to the downside.
RISK DISCLAIMER: Trading Forex involves a lot of risk. Thread carefully
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