Short from strong daily resistance and 61.8% Fibonacci

12 Şub 2020

I am late posting this, sorry about that. However, GBPUSD is in a great region for shorts as the daily resistance has been rejected alongside the 61.8% Fibonacci. In addition we have seen a candle closure below/on this level by the 1 hourly and 4 hourly candles; another confluence.

12 Şub 2020

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Currently around 40 pips in profit