GBPUSD: Bearish Forecast For Today
2020-02-26 13:28:32
https://www.tradingview.com/x/btwV0yCq/
bearish tendency still proceeds on GBPUSD.
though we saw a steady bullish movement from 20th of February,
In the long run the picture is prevailingly bearish and the pair has just reached a strong resistance area .
the underlined area gives a perfect confluence of fibonacci levels and structure with falling trendline
+ take into consideration harmonic ABCD formation!
based on that, the forecast for today is bearish and 1.2933 is the first target for sellers!
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