Short GBPUSD (Symmetrical Triangle pattern)
There is Symmetrical triangle formation in Daily and weekly frame indicating may the down trend continue. According to 4h time frame(bearish engulfing pattern and double top) it is time to enter into short entry but for pattern trading we have to wait for this week. However symmetrical triangle can breakout in either direction but according to the last move I expect a down trend. No matter breakout is up or down but its really going to be a big move at least 400 to 550 pips.
And also the 200 MA hold the prices last week strictly.
And also the 200 MA hold the prices last week strictly.