We can see a downtrend, so we can expect this lower high makes another lower low, target will be 1.59250.
The other scenario can be is price breaks the yellow resistence and reach 1.67528
We can a clear rejection on daily timeframe, so I'm expecting to go 1.32247
I'm short to 83.292
GBPUSD is fighting to between the support line but When it has a clear break, sell to 1.2265 (61.8 Fib level)
Double top + pinbar = short trade.
Going to 0.71439
Going short to 0.7568
Fibonacci retracement at 61.8 level, target 1.31955
I'm going for the next support 0.71764
same movement as the past wave, I'm going to 85.30
After breakout (close candle) I'm going short to 0.7535 next support
I consider RSI as divergence, so I'm going to 1217 at least.
After price break the resistance (close candle) I'm going long to the next resistence 0.77575.
Always follow the trend
Price rejected 50% fibonacci level. Now I'm waiting for a close candle above the resistence. Going to 1.2662
There is a strong resistance at 1.00835 so let's go for it
I'm going to 0.99966 (almost reaching 0.618 Fib). Also the reversal candle it is pretty clear.
Let's kill it!
Looking to short to 1.64261
Now we have to go long to 1.2612 (0.618 Fib level). Resistance is now the support
Now we just have to wait to the next bear candle and go for 1.05587