GBP to USD:
The D1 chart of GBP/USD hit the top again and reached the key resistance level above. The hawkish signal released by the Federal Reserve officials last week will help promote the continued rise of the US dollar and the weakening of non-US currencies.
The H1 chart is currently breaking below the lower support level, and the price has also been backtested to confirm that the support has been broken. Using Fibonacci to backtest the price has a chance to reach the 0.382 position, and the current profit margin is still very large.
Suggestions for ordering:
Enter short at a high level.
All transactions involve risks, and the above analysis is for reference only. Be sure to set the number of hands and remember to set a stop loss when placing an order.