GBP/USD facing bearish pressure, potential for further drop!

Price is facing bearish pressure from our first resistance where we are expecting a drop below this level. Entry : 1.2973 Why it’s good : horizontal overlap resistance, 23.6% fibonacci retracement, short term descending resistance line Stop Loss : 1.3038 Why it’s good : 50% fibonacci retracement, horizontal pullback resistance Take Profit : 1.2774 Why […]