Last week we took a look at a potential Bearish 2618 opportunity on the GBPUSD and it couldn't have played out any perfectly. Now that the first part of the move has been made, the send prediction was a continuation down to the $1.28 level (or just above)
Currently, we've created a new structure low and are putting in a bearish flag pattern.
This week I'll be looking for ways to hop on the retracement & sell this pair down to the next level of potential structure support.
For more details on this trade you can always check out the video that I uploaded yesterday.