GBP/USD is inside a strong bearish trend, today opens with a bullish candle. The price before we start to think as reached the bottom of the market has to go over some walls like the resistance area around 1.1650 where we will place our limit order and where the Fibonacci levels 38.2 and 50% are present. Also, the price is still below the 50 Moving average, and looking at the Divergence on the stochastic and the RSI turned bullish we are sure, by these clues, about a pullback on the area talked before continuing in the direction of the main trend.
