FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Hello Everyone.
GBP/Usd has today created a nice M Pattern. Usually after a M or W Pattern we expect a Retracement till the Neckline. If you look on the chart a couple days ago it has created a W Pattern and has perfectly retraced to the Neckline. So after this M Pattern we will see at least a short term long.
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.