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fibsfriend

Previous suppport now acting as resistance

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
fibsfriend  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Fibonacci Trend Lines
4
0
supportandresistance fibonacci trendline
Reasons for short around the 1.284 mark:

4h trend line forming

50% fib (29.167 to 27.74) at 28.45
23.6% fib (30.59 to 27.74) at 28.42

Also remember previous support, which was around 61.8% fib level (25.896 to 32.681) at 28.48
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