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Skandhatrade

#GBPUSD moving to 4HR Resistance Area , the potential a Drop!

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Skandhatrade  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns gpusd gpusdshort GBPUSD Forex forextrading forextradingzones
4
0
trendanalysis harmonicpatterns chartpattern gpusd gpusdshort gbpusd forex forextrading forextradingzones
#GBPUSD Price is moving to demand and it is also react the 4HR resistance so it is possible to a drop And the price also expect touching the 50EMA and watch the any bearish candlestick formed in resistance area
Why we like it:
Price is moving to Resistance 4HR area
waiting for bearish candlestick formation
waiting for 50EMA retracement


1st support:
1.38983
Next Zone area & horizontal swing Low support

1st Resistance
1.39885
Zone area & horizontal swing high resistance
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