GBPUSD Potential Bearish Butterfly and Short Opportunity

618
Cable is trading above 1.27200 key support.
The bullish move will continue as long as Cable holds above 1.27200.
The first strong resistance resides at 1.28200. A clear breakout of 1.28200 would carry the price towards 1.28800
We will look for a short opportunity at D.

Please note: This is not a call for Long.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.