GBPUSD: Good Sell Opportunity, Short!

Hello Friends, Welcome to the technical analysis of GBPUSD. We've seen a good impulse to the downside after the opening of the market. And price is likely to keep dropping at least to 1.32492, which would act as a new. support area; it was a resistance area once. Based on fib retracement, price retraced to 78% as well. So, this is the right time to get in and get some pips.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.