GBPUSD Reversed Off Resistance, Potential Drop!
GBPUSD has reversed off its resistance at 1.3156 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.3002 (76.4% Fibonacci retracement).
Stochastic (55, 5, 3) has being held down by a descending resistance line where a corresponding drop could occur.
Stochastic (55, 5, 3) has being held down by a descending resistance line where a corresponding drop could occur.
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