Short
British Pound on its way to 1.5162
British Pound (BP) is on its way to 1.5162. The 1 week consolidation in proximity to the upper parallel offers a good opportunity to enter short the pound. Targeting the median line by the 27 Jul 15. If you zoom-in the last five days have formed a H&S type of pattern on the hourly chart, Medium (M)
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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.