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GBPUSD approaching resistance, potential drop!

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Pound Inggris / Dollar AS (FX:GBPUSD)  
easyMarkets Broker  
FX:GBPUSD   Pound Inggris / Dollar AS
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD GBP USD gbpusdlong gbpusdshort
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trendanalysis harmonicpatterns chartpattern gbpusd gbp usd gbpusdlong gbpusdshort
GBPUSD is approaching our first resistance at 1.3238 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.3105 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is approaching resistance as well.
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Losses can exceed the initial investment so please ensure you fully understand the risks.

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