After catching the bullish move this morning, GBP has pulled back massively, on the 1hr TF we can see market has broke bullish structure with a massive bearish impulse, we are waiting to see a nice slow correction to the 0,382 fib which is also aligning nicely with structure(which will also form a big head and shoulders) then we can drop down to lower TF and look to capitalise on the second bearish impulse.
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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.