Mohammed_Al-Yahya
Short

GBPUSD - Bearish Pattern and Resistance Structure

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD breaks through a Thomas Demark Resistance trend targeting MAXIMUM 1.57 area..

However...
The MINIMUM target for Thomas Demark as around 1.5450, around the current area, and we have a Gartely Pattern to be completed any time around 1.5450 as well.

In addition, a resistance structure between 1.5450 and 1.56 would make the pair more closer to start heading south to 1.52 area to 1.5050.

That is my personal view from a technical point of view and not a recommendation by any mean to buy or sell.

Have a nice trading
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