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linofx1
Jun 4, 2023 6:26 AM

GBPUSD: BULLISH OUTLOOK  

British Pound/U.S. DollarFXCM

Description

↪️ GBPUSD reached a key monthly structure support last week, while trading in a descending parallel channel perttan. I ​spotted an inverted head and shoulders pattern on 4H time frame and confirmed bullish breakout of a falling parallel channel. I believe that the pair will bounce soon towards the target above...Trade safe 👍
Comments
WalterMoon
Thanks for awesome GBPUSD explanation
ProjectSyndicate
solid technical overview for gbpusd traders
Setupsfx_
Great stuff probably the best one for today
FOREXN1
Thanks to share , very interesting
InvestingScope
Very timely idea. Great entry point for such a strategy.
TradingBrokersView
Thanks for sharing this idea! Nice description with good technical analysis.
TradingShot
Keep up the good work! Thanks for sharing!
JoeChampion
Thank you for your opinion!
basictradingtv
keep it up Lino!
LegionQ8
Agreed with your opinion, it's more than possible
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