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SuperMonkey0

GBPUSD W4 Mar 2022

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
SuperMonkey0  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdchart gbpusdanalysis gbpusdlong gbpusdbuy gbpusdsetup pound sterling
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trendanalysis chartpattern indicator gbpusd gbpusdchart gbpusdanalysis gbpusdlong gbpusdbuy gbpusdsetup pound sterling
GBPUSD
Long Setup

GBPUSD has formed an inverted head and shoulder. Price has broken up and out of the neckline and has retest it. The target may set as 1:1 to the distance of the neckline to the head, alternatively, it may also set at a resistance/order block as shown in the chart above.

Safe trading~
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