FX:GBPUSD   British Pound / U.S. Dollar
341 2 0
All the information is plotted on the chart. I think we will see a move back up to form a b wave, maybe forming a H&S pattern. If price goes under the 50% Fib plotted, that would also mean under the channel, probably we will see the strong move down everybody is looking for on this pair.
position closed after reaching the 1.62000 barrier, forming the right shoulder, as predicted. I am now going to watch for the big short everyone is expecting
It looks pretty bearish for me. If it will close under the trend line...we will see a weaker pound.
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