Snehath

The big short on the GBPUSD before the long

FX:GBPUSD   British Pound / U.S. Dollar
Last week the high of GBPUSD was around 1.3182. It is getting challenged this week again and there is also a alternate bat pattern setting up.

The BOX theory is also coming into play around this area as there is likely to be divergence.

If this works out, we can expect the formation of a big bat pattern to buy based on our rules

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