Elogos

GBPUSD Pensive movements back to last weeks gap.

FX:GBPUSD   British Pound/U.S. Dollar
20 0 0
Formations on all charts show relief on some of the stronger moves the last 2 weeks.
Will be looking for short opportunities if the trend rotates on the 1 Hour and 30 minute, unless price actions shows very clear action on the Daily which reject a further move down.