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FMTradingTeam
Jul 15, 2020 6:25 AM

GBPUSD SELL Short

British Pound/U.S. DollarFXCM

Description

- 618 fib price current with bullish moves remaining in power could potentially see bearish moves start to form
- Key resistance area
- RSI overbought
- new trendline forming could see the start of large bearish move
- price above moving average
- price currently sat on a pivot point we have seen price change in direction here many times before

confirmation must be given by bigger bearish movement before entering the trade
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