GBP/USD:SHORT From CYPHER Pattern Resistance FIBO Area SELL
GBP/USD Cypher pattern completed in Resistance Area. The Pattern formation is also inside the Fibonacci area between 50% and 61.8% and the price had a Rejection on the Dynamic Trendline. The Ichimoku is still Bearish and the RSI got a Strong Divergence meanwhile the Stochastic is still in the Overbought area, ready to fall.
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Note
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