After a big drop, price has made a reversal inverted H&S pattern.
Currently, price is making the right shoulder and is approaching to the resistance level around 1.32
If price breaks the resistance level which is also the pattern’s neckline, and closes a bullish candle above this level, we can expect a rise on GBPUSD around 1.3340 in the future.
Currently, price is making the right shoulder and is approaching to the resistance level around 1.32
If price breaks the resistance level which is also the pattern’s neckline, and closes a bullish candle above this level, we can expect a rise on GBPUSD around 1.3340 in the future.
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