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DeGRAM | GBPUSD fibo cluster and resistance

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
DeGRAM  
FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Chart Patterns Support and Resistance gbpusdanalysis gbpusdsignal
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trendanalysis chartpattern supportandresistance gbpusdanalysis gbpusdsignal
GBPUSD dropped by breaking the support level at 1.24500, which became the resistance level.

The market created the fibo cluster at the resistance level. Price tested this level multiple times, showing its significance.

We expect a move down since we have bearish trade.


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