For the past month and a half, GbpUsd consolidated in a pattern that we can consider H&S.
Yesterday the pair failed to reconquer 1.24 and is trading now in the neckline support of the pattern.
A break looks imminent and a drop to 1.2 is very probable.
Yesterday the pair failed to reconquer 1.24 and is trading now in the neckline support of the pattern.
A break looks imminent and a drop to 1.2 is very probable.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.