Hi traders,
As mentioned before, I don't actually trade most of the GBP pairs. But that doesn't mean I don't analyse it. On this chart we can see a nice bearish cypher pattern that could be completed by tomorrow (point D). Pattern remains valid as long as we don't close a candle below the 1.25072.
Entry: 1.26549
Stop: 1.26992
Target: 1.25626 = R:RR 2.08
Good luck traders! I will be updating this chart as time progresses.
As mentioned before, I don't actually trade most of the GBP pairs. But that doesn't mean I don't analyse it. On this chart we can see a nice bearish cypher pattern that could be completed by tomorrow (point D). Pattern remains valid as long as we don't close a candle below the 1.25072.
Entry: 1.26549
Stop: 1.26992
Target: 1.25626 = R:RR 2.08
Good luck traders! I will be updating this chart as time progresses.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.