GBP/USD formed a strong bottom on 1.8520. The reversal pattern was augmented by oversold oscillator indicator.
Now GBP/USD faces a strong resistance at 1.8883 which represents the 50.0 Fibonnaci retracement from last month.
Suggestions:
Stay away from market until a reversal or continuatin of the bull trend occurs.
Expectations:
A strong reversal will occur around 1.8880 level.
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