GBPUSD has started the descend yesterday driven by another bad data coming out of the UK. This morning we are all waiting for the Service PMI data. A negative one (depend how negative) will help the Pound for a further sell. Overnight this currency pair has created a bear flag which is a Forex sell pattern. I am still looking for a sell continuation as indicated from my vblog yesterday. Please refer to yesterday's video for entry details.

 

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