GBPUSD - Trade idea

Updated
not so lucky with this pair during last week - managed to capture some pips to the upside.

Today the bears look like they in charge - expecting lower prices to get filled possibly right down to 1.11585

Bearish retracement happened at - 1.3285 and 1.12855

Bulls may fight now at NY open due to some impact news - possible retracement to 1.12855 before the drop

Note
Well that happened - a few pips off the possible retracement..1.12745

Its the bears turn now - 1.11585

keep an eye out around 1.2270
Trade closed manually
Did not reach full range but still a healthy 70pips secure.. Bears are boss
Bearish PatternsBeyond Technical AnalysisChart PatternsGBPUSDictSELLTIMETrend Analysis

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