VasilyTrader

GBPUSD: Bearish Forecast For Today

Short
FX:GBPUSD   British Pound / U.S. Dollar

GBPUSD has reached a strong resistance area.

we see a perfect confluence between horizontal resistance on the left,
resistance line of a falling channel and fib.retracement levels.
+ take into consideration rsi being overbought.

based on that the price may retrace today.

our goal will be 1.288


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