Short term buy inverted head and shoulders pattern Long

BRITISH POUND / JAPANESE YENICE

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⋅ Feb 15, 2022 6:57 AM

My over all prediction for this pair is bearish due to the strong resistance at level 158.000 on my daily TF.
However, on my 1H TF we have a inverted HS pattern forming where my TP level could be a zone for price reversal to the downside.

Trend Analysis