GBP/USD: ANALYSIS, 4H HARMONICS, POSSIBLE REVERSAL

We are currently in consolidation of the bull market as we need to detect whether a breakout will happen on either side. I think that this trend will possibly hit short back into structure as the trend may have hit a high volume already provoking the trend to possibly reverse into the bear market. A certain downtrend could be the breakout of 1.3254 in which I believe the trend will move towards point B in the harmonic structure.

Opening point: 1.3310
Exit point: 1.34
Target point 1: 1.3163
Target point 2: 1.3064

Trade geschlossen: Stop wurde erreicht

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