UPDATE: GBPUSD: Bearish Cypher + Bearish Crab

FX:GBPUSD   British Pound / U.S. Dollar
In my previous in-depth analysis of this pair (see Related Ideas: "GBPUSD: Quick & Clean Analysis - POTENTIAL Bearish Cypher"), I gave my reasons for thinking this pair is now in an uptrend. I'm not going to rehash the reasons here. Please go read my analysis I just mentioned.

What I wanted to do here is to add that there is also a bearish crab pattern that would fill almost right on top of the already mentioned bearish cypher adding to the likelihood that at that area, there will be a strong possibility of a retracement.

I'll be looking to close my current LONG positions per my analysis in the previous post I mentioned above and open SHORT positions per the cypher and crab as well as other factors. I'll update when that happens.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out