#GBPUSD Price is trading the Resistance Area and it is also react the 4HR and 1HR resistance so it is possible to a drop And the price also possible to down and touch the 50EMA shooting star candlesticks will formed in resistance area
Why we like it: Price Trading in 4HR and 1HR Resistance area formed shooting star candlestick pattern Attend the 100% fib level Retrace the price and expect to touch the 50EMA
1st support: 1.38326 Next Zone area & horizontal swing Low support
2nd support: 1.37977 Zone area & horizontal swing Low support
1st Resistance 1.38992 Zone area & horizontal swing high resistance