GBPUSD is stiill in favor of bear according to this weekly chart.
Its rejected from the weeekly fibo 618 poisition and still can show strong sign to rise up a agin after making a 5th wave end.
What we need to be worry is that is might go sideways above the middle line of BB before a strong downtrend to 1.2600 position which is green support zone on this chart.
GOOD LUCK NEXT WEEK!!!
LESS IS MORE!
Its rejected from the weeekly fibo 618 poisition and still can show strong sign to rise up a agin after making a 5th wave end.
What we need to be worry is that is might go sideways above the middle line of BB before a strong downtrend to 1.2600 position which is green support zone on this chart.
GOOD LUCK NEXT WEEK!!!
LESS IS MORE!