FUNTRADER-Vera

1201 WKP1 GBPUSD possible test 1.2600 in weeks

Short
FX:GBPUSD   British Pound / U.S. Dollar
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!

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