GBPUSD approaching major resistance,potential upcoming reversal!

2018년 1월 8일

Price is rising slowly towards our major resistance level at 1.3613 (61.8% Fibonacci extension, horizontal swing high resistance) and a strong drop could occur at this level to push price down to at least 1.3466 support (50% Fibonacci retracement, horizontal pullback support).

Stochastic (34,5,3) is seeing major resistance below 98% where a potential corresponding drop could occur.

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