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RaynLim

GBPUSD-Weekly Market Analysis-Aug22,Wk2

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
RaynLim  
FX:GBPUSD   British Pound / U.S. Dollar
Head and Shoulders Candlestick Analysis Support and Resistance askforex100 GBPUSD countertrend rsidivergence candlestickpattern
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headandshoulders candlestick supportandresistance askforex100 gbpusd countertrend rsidivergence candlestickpattern
A retest of 1.2026 on the 1hourly chart, not only it would give us a retest or to some a double bottom with an RSI Divergence, if you look at the bigger timeframe, the daily chart, you would see a potential Head and Shoulders Pattern that give an opportunity to long on this counter-trend trading setup.
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