GBP/USD at major resistance, time to sell

Price is seeing major resistance at 1.2685 (Fibonacci projection, horizontal pullback resistance, previous swing high, Fibonacci retracement) and we expect a drop from this level towards 1.2303. Stochastic (21,5,3) is seeing major resistance at 94% where we expect a drop from. RSI (34) is seeing major resistance at 70% where we expect a similar drop […]