GBPUSD Broke Past Major Support, Potential Further Drop! Short

British Pound/U.S. DollarFXCM

Description

⋅ May 16, 2019 8:27 AM

GBPUSD broke out of its major support at where it could potentially fall further to its support at 1.2765 (61.8% Fibonacci retracement).
Ichimoku cloud shows signs of bearish pressure.

Comments

MoneyballAustin

⋅ May 17, 2019 8:31 AM

with price at demand at the extreme, im bullish gbp until it breaks the demand. im bullish just because of its location in demand.

MCuong2332

⋅ May 17, 2019 5:14 AM

this is mine