GBP/USD is in a bearish seasonal and overall trend.
It has retraced to the 0.38 Fibonacci level and formed a double top with RSI divergence.
Wait for a breakout below the last higher low.
Risk-to-reward ratio (RRR) > 1:3.
GBP/USD is in a bearish seasonal and overall trend.
It has retraced to the 0.38 Fibonacci level and formed a double top with RSI divergence.
Wait for a breakout below the last higher low.
Risk-to-reward ratio (RRR) > 1:3.