GBP went too far, too high!?

Post-COVID rising seems to be corrective and meaningful downturn should come sooner as the blue line represented on the chart. A failed break up should manifest in a large black candle.
As do the evidence-based trader I am waiting for the reversal pattern which creates the next juncture in the wave down.

Be patient!! one of the most important elements for success on the market.

Commentaire:

31 of July daily candle seems to be a shooting star should be a good sign for reversal.