FX:GBPUSD British Pound/U.S. Dollar
GBP/USD might start to form or . Garley projection drawn. Based on negative data on both sides (US dolar retail sales and GBP consumer price ) it might involve higher risk for short position as current US news strengthen rate hike delay but from a technical point of view I would go short at current price for smaller profits and later on around D leg at around 1.49 zone.