MonsterMoves

GBPUSD inverse head and shoulder

Long
FX:GBPUSD   British Pound / U.S. Dollar
4
Head and shoulder pattern on the GBPUSD daily chart. You could go long now and keep a nice tight stop or be a little more conservative and wait for a break above the neckline.
1.) pattern formation
2.) lowest price has been in over 20 years = strong support at this level.

I don't think it gets much clearer than this.
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.