Price is bound to test a fresh area of demand and bounce off it to the upside
Bearish flag supported by EUR fundamental decline
Fibonacci retracement following 3 pinbars near the golden ratio indicating exhaustion of retracment
Potential shorts after fib retracement completion and candlestick confirmation
there are two head and shoulder possibilities as indicated in the text
we could see GBPUSD respect structure ,gain momentum on the overall resistance trendline and then shoot down to complete its move to test the overall support trendline structure
RETEST OF TRENDLINE FOR A CONTINUED LEG UP
bearish flag signaling gbpjpy swings amid UK lockdown
BEAR FLAG
Break above resistance level could see a spike to the upside along with a donald trump win
FIBONACCI RETRACEMENT 0.382 LEVEL SIGNALING CONTINUATION OF DOWNTREND
Break of resistance level could lead to a bullish trend
A break above the current consolodation box could lead to a retest and bullish leg to the upside
