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Fxprotrader
Jun 19, 2016 4:40 PM

GBPUSD Price In Key Sell Zone Short

British Pound/U.S. DollarFXCM

Description

In my previous GBPUSD post (see link below) i described that after the breakout of a long term corrective structure, price could drop to complete a bullish bat pattern which had the potential to push price backto the broken lower parallel of the corrective structure.

After some days price has done exactly the above and has now entered a zone where we should keep a closer eye for any sell setup to complete. I will update this post if anything with good potential forms..
Comments
mustard
Brexit. Waiting for the surge.
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