Shorting GBP until it hits retracement at 0.618FIB

FX:GBPUSD   British Pound / U.S. Dollar
GBP has seen a recent up trend however using FIB ret we can indicate that this movement is to retrace at 0.618 with the new ceiling at 1.27943

PSAR is hitting a 20 day EMEA meaning that the trend upward has definitely run its course and with the MACD about to hit the top and reverse

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