awsg875

awsg875

By looking at the daily TF we can see head and shoulders pattern playing out. I will wait till the pattern is complete and place my trade with TP at blue line measure from "head to neck". US might have stopped rate hike till end of the year where they might hike it from there and hence anticipating a short. Let me know what you think.

awsg875

Lets discuss - Data forecasting that inflation is going down but forecasting that BoE will increase interest rate so positive for GBP. I will wait for a candle close confirmation and look for selling positions to retracement. Let me know what you think :)