The Daily Bar 1D have just closed, we have some information as below. FX_IDC:GBPUSD 1. Trend: Lower High + Reverse at Fib.78.6% + Bearish Engulfing = Bearish trend 2. Signal Bar: As shown on chart 3. Profit Target: 1.39410 -> 1.38450 -> 1.37260
Let see what happen next.
NOTE:
THIS IS NOT A RECOMMENDATION TO TRADE BUT PURELY AN OBSERVATION ON PERSONAL RESEARCH. YOU MUST MAKE AND MANAGE YOUR OWN TRADING DECISIONS