thawkbid

Pounds Grows Weak Against Dollar!

Short
FX:GBPUSD   British Pound / U.S. Dollar
A bounce back and subsequent trend-reversal is seen after a C retracement point from ABCD harmonics pattern. Combined with the formation of a lower high, and bearish candlestick pattern, a good short entry point is seen.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.