Ifti367

Ifti367

I would wait for the price to close below WPP (below 1.80500) and look for a short opportunity.

Ifti367

1. GBP is in a bearish trend on D, H4 and H1 TFs 2. Its trading below KS (red line) and TS (blue line) I'd look for a short entry below Support 1 (around 135.100) Please correct me if I you think I am wrong.

Ifti367 Updated 

Reasons to go long : A good candle close above the slightly above the kumo (1HR TF) would confirm the buy. KS pointing an upward momentum. A dragonfly doji at (H4 TF) above the DS1.