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RaynLim

GBPUSD-Weekly Market Analysis-Dec22,Wk3

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
RaynLim  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Harmonic Patterns Shark askforex100 GBPUSD Bearish Shark sharkpatterns candlestickpattern countertrend supportandresistances
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supportandresistance harmonicpatterns sharkpattern askforex100 gbpusd bearishshark sharkpatterns candlestickpattern countertrend supportandresistances
On the Weekly Chart, the candlestick paused and reversed on the Key Resistance Level, and because of that, I have a Bearish bias on the GBPUSD trade.

Two levels of trading opportunity present themselves on the 1-hourly chart.

Structure-based setup, where the resistance level sits at 1.2222 or a Bearish Shark Pattern trading setup that completes at 1.2329.
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