GBP/USD:SELL continuation From Pullback 78.6% FIBO Res. SHORT

7 Eki 2022

GBP/USD from our last Idea had a strong push down after reaching 78.6% Fibonacci in confluence with the dynamic trendline in a resistance Area. A Clear Pullback to come back in the direction of the main trend and the RSI it's turned bearish after the divergence as for the Stochastic already in divergence it's now outside the overbought area and ready to drop more. The Ichimoku forecast still Bearish and all the clues are for a bearish continuation.

7 Eki 2022

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