MFFD

GBPUSD : MASSIVE resistance ahead

FX:GBPUSD   Pound Inggris / Dollar AS
GBPUSD is going parabaloic since the 18th of May.

A former resistance was broken (the green bar).

But a more massive HTF resistance is ahead ... and we just tapped the bottom of that resistance.

We are also overbought on the RSI + there is a bearish divergence on the 4H ...

Chances are high that we will not break this resistance and pull back for a while.

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