British Pound/U.S. Dollar FX:GBPUSD
It looks like we are dealing with a bit complex structure here….
So, please, make sure you validate it before you place any trade…
Initially it looked like we were dealing with a ((w)-(x)-(y)) pattern
but now it prove to be a different pattern..
For now, let see if price will get to (1.34729) then will decide from then…
If it failed to get there, then will re-assess the pattern for a way forward.
Please, make sure you validate the pattern first, before you place any trade….
All the best…