Pound pairs opened at MM3 and fell below the 21 and 55 on the M15 chart at London open. If you are a Bear then you are waiting for a pullback to MM3 which will form a double top and then you are short for the whole of December. I have only provided charts for GBPUSD and GBPJPY though the setup is available on all Pound pairs.

GBPUSD M15

The pink zone marks MM3. Target MM1.

GBPJPY M15

The pink zone marks MM3. Target MM1.

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