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Dixit-Trading-Signals

Resistance from Fibonacci 0.382 and ABCD pattern in 4 hr

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Dixit-Trading-Signals Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
7
1
trendanalysis chartpattern indicator
Price has been rejected from fibonacci 0.382 level many times and we can see ABCD pattern too on fib ratio , hence creating FIB confluence zone. Might visit 1.2650 , Remaining short till clear break above resistance.
Comment:
Comment:
Price is entering our price range as expected , moved below 0.382 retracement of wave CD , awaiting break below 50% to target 0.618 @ 1.260
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