GhostFXC

Bearish Bat - Short

Short
FX:GBPUSD   British Pound / U.S. Dollar
We see the supply area met at 1.55361, and a downtrend following closely afterwards. We find support at the demand area at the 1.46000 area of the GBPUSD which follows through into a 38.2% pull back at resistance. 2.25 Reward to Risk ratio if pattern is met. Be on the lookout for any high impact news, or a break below demand that may alter this pattern.

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