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FX.co ★ GBP/USD facing bearish pressure from resistance, potential for further drop!

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Forex Analysis:::2020-02-10T08:17:21

GBP/USD facing bearish pressure from resistance, potential for further drop!

GBP/USD facing bearish pressure from resistance, potential for further drop!

Trading Recommendation

Entry: 1.29485

Reason for Entry: 23.6% fibonacci retracement, breakout level

Take Profit : 1.28177

Reason for Take Profit: Horizontal swing low support,78.6% fibonacci extension

Stop Loss: 1.30188

Reason for Stop loss: 38.2% fibonacci retracement

Analyst InstaForex
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