Bullish head and shoulders, 300 pips anyone?

FX:GBPCHF   British Pound / Swiss Franc
GBPCHF             as well as most other GBP pairs, we are looking for some GBP bullish/short term movement.

We have a nice short term head and shoulders pattern on the 4 hour chart:

Neckline: 1.3160/70 area
Price projection: 1.3550
Rejection: below 1.2900 this is a no go

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