fximperija
Short

Bear Cypher next week

FX:GBPUSD   British Pound / U.S. Dollar
333 1 0
The pound experienced a power boost driven by inflation report. If there is enough force left to push the pound towards point D the cypher will complete. There was a fake breakout of the 3 month channel but the channel is still intact. We will see if pound has the power to pass B towards D.
Idea worked out but it seemed it didn't retrace enough - too much GBP strengh
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