GBP/USD look short on daily and h4
H1: look like soon ema and sma will cross and its on 50% fibonacci retracement also there is nice bearish engulfing
SO i expect to drop TP1: 0% fibonacci
TP2: -27% fibonacci
TP3: -61 fibonacci (there is also weekly support on this level)
Also EUR/USD look like it will pull down and this two pairs are heavly correlated.
H1: look like soon ema and sma will cross and its on 50% fibonacci retracement also there is nice bearish engulfing
SO i expect to drop TP1: 0% fibonacci
TP2: -27% fibonacci
TP3: -61 fibonacci (there is also weekly support on this level)
Also EUR/USD look like it will pull down and this two pairs are heavly correlated.