GBPUSD - Long Possibility (Bullish Anti Gartley & Alt Shark)
Currency Pair: GBPUSD
Frequency: 4H
Predicted Direction: Long
1. Bullish Anti Gartley
Enter = 1.29618
Stop Loss = 1.29323
Target = 1.31307
2. Bullish Alternative Shark
Enter = 1.28460
Stop Loss = 1.27768
Target = 1.30698
Frequency: 4H
Predicted Direction: Long
1. Bullish Anti Gartley
Enter = 1.29618
Stop Loss = 1.29323
Target = 1.31307
2. Bullish Alternative Shark
Enter = 1.28460
Stop Loss = 1.27768
Target = 1.30698
Comment:
Contributing to the poor performance of UK CPI, pound dropped immediately to hit my first stop loss. If GBPUSD can stand steady at 1.2846 level, I expect it will have a quick correction to 1.30 level, otherwise, there is more space to drop till 1.26.