GBPUSD Long Opportunity – Inverted Head & Shoulders Pattern

GBPUSD is currently forming a classic Inverted Head & Shoulders pattern on the 1-hour timeframe — a powerful trend reversal signal that typically marks the shift from bearish to bullish momentum. The structure is clear, with a defined left shoulder, head, and right shoulder, and price now approaching the neckline resistance around 1.3488–1.3495.

Traders should now shift focus to two key confirmation events:

A neckline breakout
A successful retest of the neckline with a bullish reversal candle (e.g., bullish engulfing)

🔍 Trade Plan (Long Setup)

Entry: After 1H candle closes above neckline (~1.3490), wait for a retest of the breakout
Enter long on bullish confirmation candle during the retest
Stop Loss: Below the swing low of the retest (around 1.3440–1.3450)
Risk/Reward Ratio: ~5.5:1

🎯 Target Zones:
TG1: 1.3540 (Minor Resistance)
TG2: 1.3585 (Next structure zone)
Final Target: 1.3627+ (Full measured move from pattern)

📌 Confirmation Tips:

Look for bullish candlestick confirmation on neckline retest (bullish engulfing, hammer, or strong rejection wick)
Avoid entering inside the pattern – confirmation is key to reduce false breakouts

⚠️ Note to Traders:
This setup aligns with a possible shift in sentiment for GBPUSD. The pattern is developing against the larger downtrend, so discipline and stop-loss protection are crucial. A successful breakout and retest would suggest a potential short-term bullish reversal with clean upside targets.

🧠 Stay patient. Let the breakout confirm. Execute with structure.

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Note

GBPUSD Long Trade Alert – Inverted Head & Shoulders Breakout

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