GBP_USD: Cypher Pattern on the way to form leg 4? Long

British Pound/U.S. DollarFXCM

Description

⋅ May 12, 2021 10:55 AM

With GBP still bullish and it is pounding its way up.
I could see a potential cypher pattern in the making for the pair.
With this pattern we could see a reversal pattern that will form a leg 4.
What do you think?

Comments

smnjokanyamu

⋅ May 12, 2021 11:21 AM

In leyman terms you mean it will drop?