Klimex

GBPUSD Approaching Resistance, Prepare For A Reversal

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is approaching its resistance at 1.3335(100% & 61.8%Fibonacci extension, horizontal swing high resistance) where it is expected to reverse down to its support at 1.3194 ( 50% Fibonacci retracement,61.8% Fibonacci extension).
Stochastic (55, 5, 3) is approaching its resistance where a corresponding reversal is expected.
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