GBPUSD: Technical Outlook & Potential Buying Opportunity🇬🇧🇺🇸

Long

British Pound / U.S. Dollar (OANDA:GBPUSD)

OANDA:GBPUSD British Pound / U.S. Dollar

Head and Shoulders Support and Resistance Candlestick Analysis GBPUSD DJ FXCM Index USD dollar Forex priceaction priceactionanalysis Contains image

headandshoulders supportandresistance candlestick gbpusd usdollar usd dollar forex priceaction priceactionanalysis containsimage

snapshot

GBPUSD formed an inverted head and shoulders pattern on a solid horizontal support.
Its neckline breakout - hourly candle close above 1.2683 - will give us a strong bullish confirmation.

A bullish continuation will be anticipated to 1.2714 / 1.274

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