GBPUSD Reversed Off Resistance, Potential For Further Drop!
GBPUSD reversed off its resistance at 1.2925 (100% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where could drop further to its support at 1.2804 (50% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
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