GbpUsd Short pullback
After a clear rejection on the bearish trendline for a new lower high, it is now making the pullback towards key fibonacci level, targetted at the extension level confluence with the key level for an inverted HNS pattern. With double bottom in mind, it is expected to break the bearish structure to validate the inverted HNS pattern.
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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.