GBPUSD a possible H&S setup Short Term BUY / Long Term SELL
BUY THE RUMOR, SELL THE FACT Also coming up today and tomorrow are important days form the UK`s perspective as we see BoE Gov speak We expect any news to the contrary to have adverse effects on markets.!!!!!
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Bought on the news a call option... was good.!!!!!
Now, i will be waiting for downtrend movement, in case H&S will be confirmed, a new entry, Sell Opiton on breakout of the neckline
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British economic reports coming out this week will be worse than expected, which will increase the pressure on the pound.
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