Had a great bear run with this pair, see linked idea. BOE intervened to stabilize UK's economy, causing the push to the upside. Price closed as an indecision candle firmly on the 61.8 zone, anticipating that price will stall in this area, or might even go up to the 78.6 zone, before dropping. Need more confirmation on the lower timeframes before I place my trade, but my overall bias is still going short again.
Trade active:
Trade executed on the 78.6 zone, with confirmation from 2H and 4H timeframe. Patience at play.
