PardoFX_Trading

GBPUSD Monthly Short

Short
FX:GBPUSD   British Pound / U.S. Dollar
H&S formation on the monthly, is it time to finally drop or will it push up towards the trend line? Looks like a standard Break/Retest on any other timeframe. Big US news today could enable this decline, however DXY still looks incredibly weak.

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.