British Pound / U.S. Dollar
Updated

GBPUSD – Bullish Pattern in Play?

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Hello everyone, what’s your view on GBPUSD trend?

The pair is currently forming a potential inverse head and shoulders pattern, one of the strongest signals for a new bullish phase.
📌 Price is holding firmly above the key support zone at 1.340 – 1.322.
📌 If this support continues to hold, the potential target lies near 1.3750, the previous swing high and completion point of the pattern.

The bullish outlook is favored, with buyers maintaining control. This could be a promising opportunity.

Do you think GBPUSD can reach the target of this analysis? Share your thoughts in the comments!
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