GBPUSD-Weekly Market Analysis-Nov22,Wk2

Let me know if this analysis confused you. Comment at the bottom; I like to know.

The entire structure is on a bearish trend; there is an ascending channel that is shaded red, from that you know that my bias is looking for a shorting opportunity. As long as the market movement is kept within 1.1736, the bearish trend is considered very strong.

Failure to do so, I will patiently wait for the market retest 1.2572 for a shorting opportunity on the Bearish Butterfly Pattern setup.