A Bearish Bias on the Cable

10 thg 9, 2015

Hello , it has been sometime since i posted something but this is something worth noticing. Cable have completed a Head and Shoulders pattern followed by a pull back to the upside. I do foresee the pair returning to the psychological barrier at 1.55 before heading lower as the long term trend is still down. My targets are at 1.50000 and 1.47000. Short and sweet.

Comments and advice are greatly appreciated. This is purely my opinion on GBPUSD