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FxJoseph_7

Gbpusd sell now today confirm analysis don't miss this chart

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
FxJoseph_7 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Fundamental Analysis Beyond Technical Analysis GBPUSD gbpusdanalysis gbpusdsignal gbpusdshort gbpusdsell gbpusdtrade
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chartpattern fundamental beyondta gbpusd gbpusdanalysis gbpusdsignal gbpusdshort gbpusdsell gbpusdtrade
GBP/USD holds above 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located. In case this level stays intact as support, 1.2760 (static level) could be seen as next resistance before 1.2780 (static level) and 1.2820 (end-point of the latest uptrend).

If 1.2700 fails, technical sellers could take action and open the door for an extended decline toward 1.2650 (50-day SMA, Fibonacci 23.6% retracement of the latest uptrend) and 1.2600 (psychological level, static level).
GBPUSD SELL NOW 1.27286
CONFIRM TARGET. 1.26511
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