MMBTtrader

GBPUSD new Head & Shoulders is forming & next resistances ahead

Short
MMBTtrader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
AS we can see the price now is receiving local resistance here and if it starts to fall and break that local support that is neckline too, then continuation of bearish market is expected.

Targets and supports ahead :
A. 1.3830
B. 1.3780
C. 1.3720

Notice: some strong and best entry point as the seller mentioned on the chart too here price is facing local resistance so if it was strong enough to break our local pattern take look at next resistance level.

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Trade closed: target reached:
The first target and support zone touched

Neck line break too

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