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Mahtab_Tradia
Mar 18, 2022 6:05 AM

GBPUSD Reversal Pattern Long

British Pound/U.S. DollarFXCM

Description

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.
Comments
jojofang0901
possible inverse H and S as well :) thx
malook
what do u think about GBPCAD time to buy ?
HAMED_AZ
👌
khalid.averros
The cable has to visit the level 1.3580
Babenski
Good job mahtab
CobraVanguard
Very nice trade setup. thanks for sharing
yonsfx
💪🏾💪🏾
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