British Pound / U.S. Dollar
Long
Updated

Trade setup #GBPUSD M15

143
Sterling has been bearish for 2 consecutive weeks now. Price has been to the lowest ever, taking out liquidity at all time lows. coming down to the M15 timeframe, it seen that price has broken through structure and a harmonic (shark) pattern is being formed. Looking at a price bounce at 88.6 fib level which congruent with the Cartel Candle and first D leg of the shark pattern.

i dont expect this to takeoff right now as we approaching the close of the week. this is just my bias on #GBPUSD.

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