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look at the weekly chart , Here lowest price is 1.3462 of GBP/USD pair on 18.01.2009 , according to
Gann the up comming reverse of trend will be 1.6999, but square of nine show strong resistance at 1.6900, if price cross 1.7000 price will go up, that is uptrend will start. But in around 1.6900 there is strong resistance, which will repel the price , Besides here is Double tops formed. Now go for daily chart.
look at the daily chart, Here head and shoulder is forming.It indicate up coming reversal of trend.
Look at the picture It shows prices goes up and MACD goes down, It is bearish divergecne. We can assume the up coming reversal of trend is comming.
its 4hrs chart . see it shows Head and shoulder pattern and also divergence formation, It indicates up coming reversal , trend will go down.
look also first picture the price is respecting 50% retracement.
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