GBPUSD-Weekly Market Analysis-Jun22,Wk3

What we witness is the move that we had engaged and shared before the actual move was made in this Bearish Shark Pattern setup.

It took 2 weeks after completion for it to went past our target1, but the movement is worth it, a 348pips move and what the trader is required to do is to engage the trade, place the stop-loss and target profit level and wait for the market to fulfil the order.

This week GBPUSD will be the most volatile pair and that's because both UK and US is going to have their rate decision and both countries are likely to increase their bank interest rate. Stay away from this pair if you are not ready to manage it.