what we can see from GBP/USD is that we rejected from the (1.29600) area. now, this pair seems very bearish even though we did reject from that area we can possible see a potential Head and Shoulder's pattern so we might head up to form a right shoulder (1.36700).
if it completes a right shoulder, expect to short down to major support then to take profit (1.27994).
Simple enough? GREAT! happy trading everyone!
if it completes a right shoulder, expect to short down to major support then to take profit (1.27994).
Simple enough? GREAT! happy trading everyone!