British Pound / U.S. DollarUpdated GBPUSD 08-12 Week Analysis [November] - Bearish Rectangle?
A bearish rectangle has formed as PA consolidates following a downtrend. If the pair breaks the support, it might be good for a 20 odd pip move or more. Thoughts and feedback welcome.
Trade closed: target reached
That bearish rectangle was spot on! Target hit
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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.