RaynLim

GBPUSD-Weekly Market Analysis-Jun21,Wk1

Short
FX:GBPUSD   British Pound / U.S. Dollar
If you have been waiting for the Bearish Bat shorting opportunity(chart at the bottom) and you had missed it, well, it looks like a better opportunity might present itself for a trading opportunity. After the candlestick pattern has confirmed, I will short the Bearish Shark Pattern at 1.4228 regions for a counter-trend or trend reversal opportunity.

Coincidently, my student has the same view on the GBPUSD market movement, you can check out his analysis below.

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