Hello community,

The pair GBPUSD fall down from 1.58 (It's major resistance in weekly chart). But when the down trend temporary stop or is this pair going to retrace? Daily chart show price is near sma 100 and also fibo 50% level. I will watch closely price action and formation on smaller time frame (H4 and H1) to looking for signal of trend reversal. Look at the chart for detail:


Good luck to all
Haynes
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