Btrades247

GBPUSD. Still looking Bear

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD has been stuck in H4 consolidation. Price has recently created a descending triangle pattern. My presumption for next week is for price retrace back up to a Daily key level (which is also a 32.8 retracement) or price to respect H4 supply zone before continuing downtrend.

*BE MINDFUL*

A lot of News will be released on Tuesday that will affect pair
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.