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TradingWithCody

GBP/USD Daily Fib Retracement & Fib Extension Short

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
TradingWithCody Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort Fibonacci Retracement Fibonacci Extension gbpusdsignal gbpusdanalysis gbpusddaily swingtrading
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trendanalysis chartpattern indicator gbpusd gbpusdshort fibonacciretracement fibonacciextension gbpusdsignal gbpusdanalysis gbpusddaily swingtrading
GBP/USD is at the .886 retracement from the high to low, and is at the fibonacci extension of 1.272 of the last recent low to high. Also the structure we are in is looking bearish considering it is going up but the channel is looking weak. What do you guys think? Let me know thank you
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Price reversed a little higher than expected but price made a doji on the daily chart and now is on it's way down. This might not be a full reversal but it gave us a quick correction. Stay up to date to see if it keeps going down.
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