1. Parabolic rise.
2. The 3/8th Major (dark red horizontal line) is a monstrously powerful level. When prices are rejected at this level, it’s generally a fast and big drop .
3. The move may be exacerbated by the presence of a new swing high being found during the appearance of a new Lunar cycle ( ).
4. 360-day inner year cycle -The GBPCAD pair is 357 days from the March 19th, 2018 swing high.
5. The outermost arc in the current law of vibration cycle creates powerful resistance here as well.