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hzs

Looking to Short GBPUSD on Bear Bat Pattern

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
hzs  
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Harmonic Patterns GBPUSD Forex analysis gbpusdshort Technical Analysis
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chartpattern harmonicpatterns gbpusd forex analysis gbpusdshort technicalanalysis
If tomorrow BoE rate decision see a rate hike, it will push gbpusd up to 1.5000. However, my sentiment is that it will not be a long-term bull as Brexit talks is still a concern that that affect UK economy adversely. I looking to short on Bat formation at Fibo R 76.8

Reward to Risk is 10: 1

If price closed above 1.3655, this analysis will be invalid
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