harmonic Bearish Shark on Pound Short

British Pound/U.S. DollarFXCM

Description

⋅ Jul 18, 2013 8:13 AM

A harmonic bearish shark has developed on the pound.
We are now at a critical area as the shark may develop into a 5-0 pattern and reverse around the 1.5145 area. If we close below that we should head down to at least 1.5085.