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UnknownUnicorn25245947

GBPUSD BREAKDOWN AHEAD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
UnknownUnicorn25245947  
FX:GBPUSD   British Pound / U.S. Dollar
Head and Shoulders Chart Patterns GBPUSD GBP USD DXY
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headandshoulders chartpattern gbpusd gbp usd dxy
GBPUSD has broken down through the neckline of a head and shoulders pattern developed since mid-April. This would indicate a substantial decline ahead, and a strengthening of DXY . This is similar to the head and shoulders pattern seen in EURUSD. (See my related idea on EURUSD).

NOT INVESTMENT OR TRADING ADVICE.

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