GBPUSD Short

Weekly candle loses momentum and gives us a very bearish signal as Brexit negotiations bring a sour taste to the markets.

once we have a close below last weeks candle and our Fed releases hawkish statements/data, our down leg will start and could bring a lot of pressure with it.

targets are on the chart

H4:
A head and shoulders could form as we approach 1.304, pushing us up into the 1.316 region and then down. Entries can be found once the neckline is broken
Chart PatternsForexfxsignalHarmonic PatternsTrend AnalysisUSDGBP

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