Bearish Cypher GBPUSD

I'm expecting this to complete the move to the bottom of the Daily channel
Currently it is approaching the 78.6% fib retracement of the previous high
This is possibly a good point to go short
The pair may go straight through the channel bottom.

Hope this helps
Good luck Steve

Commentaire:

Anyone in this trade should consider setting sl to zero just in case it rallies today.
A fed interest rate rise is expected but we never know what is going to happen or how the market will react. Caution required