GBPUSD, My Expectation

٨ سبتمبر ٢٠٢١

On the weekly timeframe, the GBPUSD pair is in a Head and Shoulders pattern with the price target around 1.29300. I do not think it will go that low but I expect it to pullback to the 1.37050 region. The ideal entry point for this downtrend should have been somewhere around 1.38300 or at 1.37650, which are the regions where I took the trade from.