GBPUSD-Weekly Market Analysis-May20,Wk3

17 thg 5, 2020

In this sharp drop in UK Pound, you can either wait for a retest back into the red box to short or consolidation at the HOP level for a buying opportunity on this deep crab setup.

I will need the pink arrow pointing up to appear in order to do that, in addition, a bullish reversal at the HOP level.