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Money_way

GBPUSD

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Libra Esterlina/Dólar Americano (FX:GBPUSD)  
Money_way  
FX:GBPUSD   Libra Esterlina/Dólar Americano
Fibonacci Support and Resistance Multiple Time Frame Analysis GBPUSD shortsetup foreverinprofit Bearish Patterns Forex
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fibonacci supportandresistance mtfa gbpusd shortsetup foreverinprofit bearish forex
SHORT SETUP on GU , Overall on the H4 we see price respecting the previous resistance and being pushed to the downside, made a lower low came back to a strong monthly zone which is our 50 % Fibbonacci Retracement level,
My Projections are that price will drop futher to the previous zone which is @ 1.38666 , Risk :20 pips , Reward : 90 pips , RRR 1:4
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