GBPUSD | Another Reversal Pattern | Will It Work This Time?

GBPUSD | Another Reversal Pattern | Will It Work This Time?

In this example, we can see a very clear 2 reversal pattern that worked out
very well in the past.

In the actual scenario, the price completed and confirmed an "Inverse Head & Shoulder" Pattern.

From the actual price, the price can increase more and it can reach the first two potential
bullish targets as below:

Targets:
🎯 1.23979
🎯 1.25822


However, we need to be careful as all the patterns have a failure rate and this is a strong reason that
we should use a stop loss every time we trade.

Thank you and Good Luck!