GBPUSD UPTREND REVERSAL AT DAILY TIME FRAME
* Downtrend in Monthly timeframe
* Resisted from lev 0.5 (1.23051) in weekly fib retracement, and might fall to lev 0.38 (around ≈ 1.19407)
* Daily timeframe Fibonacci retracement from level 0 (1.24440) and might further fall to level 0.38 (1.6462)
* Daily timeframe RSI fail to make new HH, RSI is overbought, it might face to the lower bond (≈30) coming from the upper bond(70)
* For the entry wait for the break of support level at around 1.21306 and retest.
* Target —> TP1: 1.19498; TP2: 1.17951; TP3: 1.16444; TP4:
* Resisted from lev 0.5 (1.23051) in weekly fib retracement, and might fall to lev 0.38 (around ≈ 1.19407)
* Daily timeframe Fibonacci retracement from level 0 (1.24440) and might further fall to level 0.38 (1.6462)
* Daily timeframe RSI fail to make new HH, RSI is overbought, it might face to the lower bond (≈30) coming from the upper bond(70)
* For the entry wait for the break of support level at around 1.21306 and retest.
* Target —> TP1: 1.19498; TP2: 1.17951; TP3: 1.16444; TP4:
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