GBPUSD- Short play.
The GPBUSD shows a H&S pattern forming on the hourly chart.
Price has made a LL off the Daily 21 EMA & WKY R1.
Looking for a LH on the 1 Hr - range - 1.2516 - 1.2522 to take the trade - 38.2- 50% fib.
Target 1.2387 Wkly S1
Fundamentals match technicals. USD strength.
Price has made a LL off the Daily 21 EMA & WKY R1.
Looking for a LH on the 1 Hr - range - 1.2516 - 1.2522 to take the trade - 38.2- 50% fib.
Target 1.2387 Wkly S1
Fundamentals match technicals. USD strength.
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