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GBPMYR - Potential Bear Flag Pattern?
BRITISH POUND / MALAYSIAN RINGGIT
Short
GBPMYR - Potential Bear Flag Pattern?
By ryanchai
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Updated
Jan 4, 2017
1
Cheer
Cheer
Oct 21, 2016
Pound continue to go weak since BREXIT Referendum in June 23rd, 2016
- Flag Pattern identified, indicating a bear is coming.
Jan 4, 2017
Comment
GBP rejected at 5.00 and rally up against MYR due to MYR weaknesses.
Pound is now steadily trade at 5.50 level.
Jan 19, 2017
Trade closed: target reached
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GBPMYR
ryanchai
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