adriel.arrasmith
Short

Sell GBPUSD for 1.52

FX:GBPUSD   British Pound/U.S. Dollar
202 2 1
We just ran into some resistance at 1.548, which was a prior support area . Also, we have a bearish wedge with RSI divergence. Finally, we are at the .786 fib level of the last area and have a crab pattern that has completed as well. Keep in mind we have also not officially retouched that major broken trendline on the daily. I am going to stick to the trend here and target 1.52.
do you think will go to 1.50?
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you might get some pull back, however, higher highs and higher lows are showing ongoing reversal. good luck.
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