We have tried moving higher, but limited scope so far. The stoch RSI is almost negative, and we are nearing NEW MOON phase. I am mentioning this cycle as it repeats every 13-days, either bottom or top formation. Right now we are TOP forming, and the likely hood is we move lower and test 1.1750 area. We are protected above 1.2225 GANN resistance.
Strategy is SELL...
GBPUSD entered a sell zone. If the price respects the spot, then we may see an extensive sell. We have to wait to watch the lower time frame and look for a sell setup.
1.38200 to 1.38400 is a good area for a good sell setup.
Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and...
