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FibnFork
Jan 29, 2018 8:17 PM

GBPUSD weekly pitchfork 

British Pound/U.S. DollarFXCM

Description

Cable spike last week hit near exactly on the .786 retrace of brexit levels (june 2016 -> october 2016). Also in that area was the weekly 200ma & near top of pitchfork. Also have a parallel line that has pivoted price quite nicely throughout the years. Break of 70 RSI hadnt been since 2014 which also corresponded with a top.

Short term view:
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