Hey Folks
Although GBP is very weak and in a downtrend but also it's very hard not to ignore all the buying pressure. As you all know we are in a multi year low and weekly chart has printed three weekly inverted hammer patterns after three railroad track candles. It's obvious all the selling pressure is being absorbed for a uptrend in the coming week or so.
Possible ABCD Pattern for Short Opportunity. Although JPY is Weird these days and NZD is powering up I couldn't Ignore this ABCD Pattern. It's textbook.
