FX:GBPUSD   British Pound / U.S. Dollar
Hi, there fellow traders. My TA shows a formation of a head and shoulders pattern that is about to near its completion as soon as we are able to break above the resistance as shown in the chart. as you probably know the profit taking is measured by the size of the head with the left shoulder and the right shoulder, this should be a good trade as soon as we get a confirmation of a break above resistance, if you are going to take this trade make sure you use proper risking management

Happy Charting

Follow me on Twitter @XRP_godfather

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.