BloomFisher

GBPUSD is Forming BEARISH CYPHER - Potential for Reversal!

Short
BloomFisher Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hey Everyone,
In our previous analysis we bought GBPUSD with optimal targets hitting now we'll sell it for a correction,
Small targets, Formation of Harmonic Pattern - BEARISH CYPHER Identified on H4 chart as well as slightly overbought
price action and hence we'll be shorting GBPUSD with these preferences,
GBPUSD SELL NOW or 1.29227
STOP LOSS - 1.30017
TARGET - 1.27472

More updates will be posted under this thread,
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UPDATE GBPUSD - Move SL to Breakeven (optional)
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