MisterTrader
Short

Level To Watch: #GBPUSD Bearish Pennant breaking on confluences

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
713 0 4
Multiple confluences showing possible drop of pound against U.S dollar :
- Price currently on Resistance that match with Round Number 1.55 and Last swing Fibonacci 0.236
- Bear Pennant in a down trend, waiting to be broken
Waiting for reversal PA to trigger a SHORT

Currency Strenght Cross-analyze : GBP meets resistances on most of the other pairs, it confirms my scenario for a drop of GBP

Cheers,
Mistertrader
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