GBP/USD GARTLEY: Staying short on the pound, for obvious reasons. Here is a bearish Gartley parrtern likely to form on the 1H chart. Further consolidation on this pair is imminent considering recent happenings surrounding the EU negotiations and the upcoming US presidential election.
Gartley ratios:
AB: 0.618
BC: 0.382 - 0.886
CD: 1.272 - 1.618
XD: 0.786
Gartley ratios:
AB: 0.618
BC: 0.382 - 0.886
CD: 1.272 - 1.618
XD: 0.786