Hello everyone so we had big spikes on gu due to the news which did give us some harmonic patterns on almost all gbp pairs. Heres one of the setups i am looking at based on structure and harmonics. We have structure in the form of a bearish triangle however a flat also completed and is valid. We also have a harmonic pattern present and a pullback after the news is very much likely due to the market conditions.
Trade closed: target reached
