GBPUSD respects downtrenline
Price is based below key level at 1.2253
and SMA 100
Rejected from 50% Fibonacci of preceding bearish wave at level 1.2269
Below HVN at level 1.2434
RSI reached overbought region
It's expected for price going down towards demand zone at level 1.1925
Price is based below key level at 1.2253
and SMA 100
Rejected from 50% Fibonacci of preceding bearish wave at level 1.2269
Below HVN at level 1.2434
RSI reached overbought region
It's expected for price going down towards demand zone at level 1.1925