-.-.-.-.-.-.-.-.- Fibonacci Bearish -.-.-.-.-.-.-.-.-
Buy the retest? Buy aggressive on the red line --> my stop at 1.67020
Long opportunity At 1°Take Profit wait for a bullish continuation or for a bearish moment ( Target yellow box )
Wait for neckline break to confirm this possible head and shoulders. If that does not happen, follow the channel until it breaks
Waiting for channel break then wait a possible retest and buy
USD/GBP is looking bearish so for me GBP/USD is going to be bullish 61,8% Fib seems to work, let see if 23,6% Fib is going to be broke and then wait for a retest on the yellow box after that I hope that is going to form a reverse head and shoulder
Weekly Chart Let see if it is going to break the two trend lines