A trend continuation trade lining up on the GBPUSD
with a bearish cypher
pattern presenting itself as an entry method. The advanced patterns D completion point comes in at previous structure which has been tested numerous times giving us a stronger reason for getting short. First targets here could be at a retest of the structure lows looking for the fib extension or structure again for target twos.
As always we're aware of the GBP's bank rate news etc that is released tomorrow.