GBPUSD is likely to form a bullish Cypher Pattern

Stiil have to wait, because it's not sure (as always :) ) at 1.5437 we have a strong resistance followed by a candlestick formation, but the market must break the support line in order to reach the goal and form the Cypher Pattern. Around 1.5231 - 1.5215 should be a good opportunity to go long, but it's always better to wait for the market to confirm a bullish move (double bottom, candlestick etc.)

Low risk/reward ratio trade :)