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FosuaForson

GBP/USD Still looking to the Downside!

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
FosuaForson  
OANDA:GBPUSD   British Pound / U.S. Dollar
Double Top or Bottom Support and Resistance Fundamental Analysis
5
0
doubletoporbottom supportandresistance fundamental

Previous daily head and shoulders turned into a second touch on the monthly 38.2 fib level.

Looking closely at the daily support level around
1.222. looking for a break of this one to head to the first target at 1.20157 which was used last
august and september 2019.
With fundamentals looking steepish for the economy regarding Covid and a non moving economy we
still may see price reach as low as 1.153
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