Finchcliffe

GBPUSD Running as expected

Short
FX:GBPUSD   British Pound / U.S. Dollar
Short looking good for this pair.

I'm expecting a retrace back-up to the ascending dynamic trendline, then down to the previous low, retrace and then if we can break the neckline of the previous low a drop down to at least 1.165, but with the H&S I expect a bigger move, probably down to 1.137 area.
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.