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?
you might get some pull back, however, higher highs and higher lows are showing ongoing reversal. good luck.
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