Bearish Cypher GBPUSD

13 בדצמ׳ 2016

I'm expecting this to complete the move to the bottom of the Daily channel
Currently it is approaching the 78.6% fib retracement of the previous high
This is possibly a good point to go short
The pair may go straight through the channel bottom.

Hope this helps
Good luck Steve

14 בדצמ׳ 2016

הערה

Anyone in this trade should consider setting sl to zero just in case it rallies today.
A fed interest rate rise is expected but we never know what is going to happen or how the market will react. Caution required