Phil_Son

GBPUSD 1H potential bear Butterfly pattern

Short
FX:GBPUSD   British Pound / U.S. Dollar
Market looks to be in a downtrend right now, which means there might short opportunities for a trend continuation trade. RSI is indicating high buying pressure as of now, which means eventually, buying pressure will run out. If market rallies high enough, there might be a potential bear Butterfly pattern for a sell.

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