The GBPUSD formed a bullish head and shoulders pattern, as you can see traders tried to push the market to break the neckline but failed to do so.
we can still expect the market to break the neckline, but it needs a fundamental reason, good news from the UK, or the FED tomorrow.
if we break the neckline resistance we can expect the move to continue up to test the next resistance level, that's why I will look for trend continuation entry.
________________________________________ π | Comment your thoughts below, I always answer. π₯ | Feel free to message me if you have any questions.
Really like your GBP/USD chart, I also have the same opinion
FieryTrading
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Very interestingπ₯
tjnoemia05
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thanks brother i really appreciate this setup please keep it coming
FOREXN1
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Interesting view here , we are short. Will see :)
katariashivam95
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Great Work. appreciate
DeGRAM
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Thank you for sharing your analysis.
UnknownUnicorn15614419
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Great work
Rockqet
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Fantastic work! We have the same bullish bias for GBPUSD. Do checkout our analysis at
Solldy
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Fantastic post, very well written. Checked the asset on all the indicators that are important to me, and they are also in favor of the idea. Have a good trade!