Wonour

GBPUSD Bearish Cypher Weekly - Chance to get Long C to D leg

Long
FX:GBPUSD   British Pound / U.S. Dollar
So I did ride this pair down to the lows we saw yesterday, a few trades and so good pips.

Didn't go quite as low as i initally expected but still hit previous points of support and was pretty much inline with the oversold area of the RSI. But from this level it has shown a good move up before.

So it could drop lower, but loowing at teh lower time frames does seem to be the start of what could be a nice chance to go long as point D has shown to be an area of good resistance

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