GBPUSD: Bearish Forecast For Today

bearish tendency still proceeds on GBPUSD.

though we saw a steady bullish movement from 20th of February,
In the long run the picture is prevailingly bearish and the pair has just reached a strong resistance area .

the underlined area gives a perfect confluence of fibonacci levels and structure with falling trendline
+ take into consideration harmonic ABCD formation!

based on that, the forecast for today is bearish and 1.2933 is the first target for sellers!

please, support the idea with like! thank you!

Trade chiuso: obiettivo raggiunto:

Target reached, stop to breakeven and trailing stop