There is a double top formed at 1.4136
GBP filled the gap and went down
The last 4 hour pin bar tells us it is still a bearish trend
Short the sterling if this 4 hour candle doesn't break the the neckline
SL: 1.42
TP: 1.4010/1.3810
GBP filled the gap and went down
The last 4 hour pin bar tells us it is still a bearish trend
Short the sterling if this 4 hour candle doesn't break the the neckline
SL: 1.42
TP: 1.4010/1.3810
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We can take some profit, and move the SL to the entry,
Because it has a AB=CD pattern now