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Profound_Ambition
Oct 11, 2020 4:40 PM
GBPUSD H4
FX:GBPUSD
240
British Pound/U.S. Dollar
FXCM
Description
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Oct 11, 2020 4:40 PM
Price has broken out of the inverse head on shoulders formation to finish off last week. Will be watching for a retest / rejection of the neckline zone as new support below, for then a continuation to the upside.
Trend Analysis
Support and Resistance
Supply and Demand
GBPUSD
Comments
Dave-FX-Hunter
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Oct 11, 2020 7:16 PM
Very nice setup, im bullish agaisnt dollar as well.
Profound_Ambition
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Oct 12, 2020 2:56 PM
@DaweFXHunter, likewise
VincePrince
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Oct 11, 2020 4:47 PM
These steps are logical when demand shifts also so much the better.
Profound_Ambition
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Oct 11, 2020 4:57 PM
@VincePrince
, Thanks for sharing!
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