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RaynLim

GBPUSD-Weekly Market Analysis-Aug21,Wk3

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
RaynLim  
FX:GBPUSD   British Pound / U.S. Dollar
Candlestick Analysis Support and Resistance Chart Patterns askforex100 GBPUSD Bearish Shark Shark Harmonic Patterns Candlestick analysis sidewaybounce ranging
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candlestick supportandresistance chartpattern askforex100 gbpusd bearishshark sharkpattern harmonicpatterns candlestickanalysis sidewaybounce ranging
A Bearish Shark Pattern has shown up and is complete at 1.3952 which is nicely seated within the consolidation zone between 1.3947-1.3957.

However, that Harmonic Pattern will not be the immediate trading opportunity. What you can expect on Monday market open will be the sideway bounce setup between 1.3878-1.3799. A double top with RSI Divergence and a 3 point reversal would suffice.
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