GBPUSD-Weekly Market Analysis-Feb20,Wk1

While many traders see the bullish side of GBPUSD, I do see the possibility of a bearish movement.

Introducing the ABCD Pattern. At Point D completion and with RSI at the Overbought area set in for a selling opportunity. All is needed is a confirmation candle that will set in at 10 am (+8GMT) to see if it will be a valid trade for me. Are you ready?

I can't wait for Monday.

Trade active:

TP1 Attained +55pips
TP2 shift stops to entry 1.3169(+5)

Trade closed: target reached:

Target2 Achieved +155pips