Direction: Short
Reasons supporting trade: GBP is bearish across the board/ This pair has broken intermediate and a primary trend/ This pair has formed and broken H&S pattern/ A strong bearish engulfing candle breaking structure.
Reasons opposing trade: Daily candle has not yet closed/ Lower timeframes need conformation.
Target: 1.40023
Reasons supporting trade: GBP is bearish across the board/ This pair has broken intermediate and a primary trend/ This pair has formed and broken H&S pattern/ A strong bearish engulfing candle breaking structure.
Reasons opposing trade: Daily candle has not yet closed/ Lower timeframes need conformation.
Target: 1.40023
Focusing on precious metals trading.