movingwfx
Short

SHORT on GBPUSD

FX:GBPUSD   British Pound/U.S. Dollar
Possible short entry on GBPUSD             after the retest of support turning to resistance.

This is also in line with:-
1) possible swap zone area demand turned to supply zone
2) fib retracement level - 50% - 62%
3) high chances that price might go back to retest the resistance level since RSI is showing bullish divergent

Look at the chart for further details.

PS: This is not a trade signal. it is just our opinion.

Thank you.

Have a good day.

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