FXAutomate

Trend bullish - But HnS Looming

FX:GBPUSD   British Pound / U.S. Dollar
The Yearly, Quarterly and Monthly candles are all positive meaning the bullish trend is still in tact. There is a possible Head and Shoulders pattern looming meaning a break below the neckline support @ 1.377 could see a short target of 1.343 realized. The swing level is @ 1.401 with a break above it invalidating the HnS and targeting a test of resistance between 1.425 and 1.438

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