GBPUSD testing major support, potential drop!

16 มี.ค. 2018

GBPUSD is testing its major support at 1.3930 (horizontal overlap support, 23.6% Fibonacci retracement). A breakout this level might provide bearish confirmation and push price down to our next major support at 1.3855 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension).
RSI (55,5,3) is also seeing a bearish exit and is a good precursor for a potential drop in price.

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