Open trading account 
Hello traders and friendsbase on technical analysis view and Fibonacci, we can forecast next pricemovement .GBPUSD move in major down trend , but there is a correction ( 5 days price move to up )we can use correction in down trend to add position or short entry , its rather toenter in case of touch trend-line or at fibo levels ( 50 % or 61.8 % )the first scenario :price try to touch trend line then continue its down move .so its good to enter short @ 1.43000and stop loss above previous resistance @ 1.4425and target @ 1.40757the second scenario 
that scenario may take several days or weeks )price move to up till 1.46621 . when this scenario happenedthe best short entry will be @ 1.46500stop loss 1.4675target 1.40757in this scenario i forecast head and shoulders pattern .in both scenario price will move and pullback , u can make profit form both of movementbecause there is area in both scenario price must visit it , adapt ur strategy to maximizeyour profit from both different scenarios or be a way if u will not have good deal with this .thank u and happy week end .
that scenario may take several days or weeks )price move to up till 1.46621 . when this scenario happenedthe best short entry will be @ 1.46500stop loss 1.4675target 1.40757in this scenario i forecast head and shoulders pattern .in both scenario price will move and pullback , u can make profit form both of movementbecause there is area in both scenario price must visit it , adapt ur strategy to maximizeyour profit from both different scenarios or be a way if u will not have good deal with this .thank u and happy week end .
