eToro


Hello All

GBP/USD


Let's take a look on this daily chart


Yesterday candle is closed below the green line, it mean that we have a signal to go short (sell) and it mean make 38.2 fibonaci line (2.0029) as a resistance line. it'll go at least to 1.9840 then to 1.9760 then to 1.9560.

But, be careful because today we will have BOE minute at 8.30 GMT.

Forecast :

Swing Trader : Down

Recomendation:

Swing Trader : Sell TP: 1.9840, SL: 2.0035


Good Luck all


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