GBP/USD Potential Short

450
Hi Traders

1.Ascending channel
2.Bearish Impulse Out
3. Correctional structure

Right now we are in a correctional structure after a bearish impulse. We can expect more bearish movement when the correctioal structure is over but watch out for the interest rate decision on thursday this can lead to a reversal when somethink unexpected is anounced

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.