GBPUSD Market Outlook- 8 July 2018

GBPUSD Market Outlook- 8 July 2018

This is probably more of long term outlook for GBPUSD. As you can see, GBPUSD made a pretty double top pattern (price breakout pattern scanner). GBPUSD gone down well below the neckline of the double top. The path of GBPUSD through the double top in fact made the XABC path of the bullish Cypher pattern (Harmonic Pattern Plus). Cypher pattern is still in its valid position. GBPUSD made around 220 pip so far

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Harmonic Pattern Plus-Price Breakout Pattern Scanner-GBPUSD S630

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