GBPUSD trading in downtrend line
price rejected from key level around 1.23000
price below SMA 100
MACD shows bearish momentum
RSI trading in downtrend line below 50
price forming AB=CD pattern
so its expect further selling to pattern target at 200% fibo around 1.20500
then to support level around 1.19000
price rejected from key level around 1.23000
price below SMA 100
MACD shows bearish momentum
RSI trading in downtrend line below 50
price forming AB=CD pattern
so its expect further selling to pattern target at 200% fibo around 1.20500
then to support level around 1.19000