11021992

GBPUSD: Potential bearish bat pattern

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hey traders,

On the GBPUSD hourly timeframe we have a potential bearish bat pattern taking shape. Completion of this pattern is at point D, which is near the 50% and 61.8% Fibonacci retracement of the larger moves.

Cheers
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