I have been short on this pair since last week. The pattern has completed and then gone into profit, before reversing. As I am expecting in the short term GBP to strengthen, it is one to look at.
We have a Bearish cypher pattern near completion. at the 0.87389 level stops placed at 0.87755 looking for extending target back into support. looking on the higher time frame we could see a nice fall off if we break below the 0.86636 level