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ERUDITE_88

GBPUSD,PATTERN IN THE VERGE?

British Pound / U.S. Dollar (PEPPERSTONE:GBPUSD)  
ERUDITE_88 Updated   
PEPPERSTONE:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Trend Analysis
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chartpattern trendanalysis
With CPI news is close, Should the dollar be weaken? Technical Perspective

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Trade active:
The price has broke the trendline and retesting. Possible for downward moves after NY session opens from $1.27000 after unemployment claim release. Or towards up $1.28500
Comment:
The last update, we have drew Bearish Rising Wedge. Price failed to create higher high & lows and moving sideway until breached $1.2600. Now its retesting to previous zone. We target price to reach $1.2700 where we do have our Fibonacci confluence. Once we got our confirmation, we SHORT.

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