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GBPUSD Reversal Pattern

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Mahtab_Tradia  
FX:GBPUSD   British Pound / U.S. Dollar
Head and Shoulders Support and Resistance Trend Analysis GBPUSD Forex
48
15
headandshoulders supportandresistance trendanalysis gbpusd forex
After a big drop, price has made a reversal inverted H&S pattern.

Currently, price is making the right shoulder and is approaching to the resistance level around 1.32

If price breaks the resistance level which is also the pattern’s neckline, and closes a bullish candle above this level, we can expect a rise on GBPUSD around 1.3340 in the future.
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