GBP/USD:SHORT From Retracement 38.2% FIBO RSI+STOCH SELL!

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Libra Esterlina/Dólar Americano (FX:GBPUSD)

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FX:GBPUSD Libra Esterlina/Dólar Americano

trendanalysis indicator chartpattern gbpusd

As predicted in the last forecasts, the GBP/USD after The massive drop from the Cypher Harmonic pattern in confluence with the Resistance zone and the 61.8% FIBO, continues its rally following the strong Bearish downtrend. Yesterday the price just take a moment to breath with a retracement and today everything seems ready to have a new pushdown. 1.1450 is at the moment our target to complete the Cypher formation. RSI + STOCH in strong Bearish side.

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GBP/USD:SHORT From 61.8% FIBO Resistance Area CYPHER SELL

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