GBP/USD - main drop down retraced back to the 0.50 FIB and is descending again. Double top at the 0.382 FIB of main move down.
Resistance at 1.24250 - short taken.
Previous support at 1.23629 now seems to have formed as resistance on the 2hr.
Take profit - 1.22860 (0.50 FIB)
Stop Loss - 1.25052 (just above previous double top levels)
Resistance at 1.24250 - short taken.
Previous support at 1.23629 now seems to have formed as resistance on the 2hr.
Take profit - 1.22860 (0.50 FIB)
Stop Loss - 1.25052 (just above previous double top levels)
Potential sell again at resistance were double top previously formed...