UPDATE: GBPUSD: Bearish Cypher + Bearish Crab

In my previous in-depth analysis of this pair (see Related Ideas: "GBPUSD: Quick & Clean Analysis - POTENTIAL Bearish Cypher"), I gave my reasons for thinking this pair is now in an uptrend. I'm not going to rehash the reasons here. Please go read my analysis I just mentioned.

What I wanted to do here is to add that there is also a bearish crab pattern that would fill almost right on top of the already mentioned bearish cypher adding to the likelihood that at that area, there will be a strong possibility of a retracement.

I'll be looking to close my current LONG positions per my analysis in the previous post I mentioned above and open SHORT positions per the cypher and crab as well as other factors. I'll update when that happens.