Where GBP Rates May get pushed.....

FX:GBPUSD   British Pound / U.S. Dollar
As a raw technical trader, i pride myself in trading by anticipating markets through technical analysis . here we see raw price action coming into play as we have AB=CD pattern on the 4 hour chart. this is also in confluence with monthly support. i aim to take this trade for about 4-100 pips back up if everything goes according to plan. Beware this is counter trend trading and risk management should be used appropriately.....happy trading!
Trade closed: target reached
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