RaynLim

GBPUSD-Weekly Market Analysis-Oct21,Wk1

Short
FX:GBPUSD   British Pound / U.S. Dollar
On a bigger picture, GBPUSD is also on a sideway bounce setup but what it is very different from EURUSD is that GBPUSD respected the structure better than EURUSD and GBPUSD is at its Weekly Support Level.

Traders who are looking to short GBPUSD can wait for a Bearish Shark Pattern complete at 1.3790 for a shorting opportunity as a trend trading trade.

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