GBPUSD Sell Idea !
Since May 
GBPUSD has been trading within a sideways/ ascending consolidation pattern and just recently broke the lower limit of the pattern to downside and soon enough started forming a flag pattern . Price has already retested the lower limit of the previously formed consolidation pattern and seems ready to start the downward move till the next Target of 1.26852 and if it manages to break it to downside , then eventually the Target of 1.26181. I'll wait for the BoE Interest Rate decision to make any final Moves !!
GBPUSD has been trading within a sideways/ ascending consolidation pattern and just recently broke the lower limit of the pattern to downside and soon enough started forming a flag pattern . Price has already retested the lower limit of the previously formed consolidation pattern and seems ready to start the downward move till the next Target of 1.26852 and if it manages to break it to downside , then eventually the Target of 1.26181. I'll wait for the BoE Interest Rate decision to make any final Moves !!
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.