fxhassan

GBPUSD trendline & price action analysis

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
i will short it by confirm it through bearish engulfing or bearish pin bar. on 4H price also touching channel descending trend line resistance . i am expecting it to fall down to 1.2250 . bcoz it will be popular Fibonacci retracement of .61%.
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