GBPUSD
Although price is still bullish i would prepare for possible reversal.
You can also expect big institutional players to take profit which will create a demand for USD and JPY thus straighten them.
Basically i expect risk off trading conditions for the next month or two.
Looks like a bear flag if you are aggressive you can enter with stops above 1.3630 or you can wait price to break flag.
You can also expect big institutional players to take profit which will create a demand for USD and JPY thus straighten them.
Basically i expect risk off trading conditions for the next month or two.
Looks like a bear flag if you are aggressive you can enter with stops above 1.3630 or you can wait price to break flag.
