GBPUSD: 400 pips drop expected

6 במאי 2020

Inverted dragon pattern as on dollar index and eurusd.
First reaction is expected at 61.8 Fib level (from head to leg).

6 במאי 2020

עסקה פעילה

1st Tp at dragon's inverted hump 22.501
2nd Tp at 0.38
3rd TP at 0.61

For educational purposes only.

Gpusd follows the same pattern as on Ddollar index -

tradingview.com/chart/EHHnPtmm/

7 במאי 2020

הערה

Interest rates decisions by Bank of England today. Hence the violent moves.