SuperiorJG

Potential Daily Head & Shoulders IDEA

FX:GBPUSD   British Pound / U.S. Dollar
Here I present my daily idea for GBPUSD which could provide us with some nice short and long opportunities. I feel that if we break the current trendline to the downside, we will see a drop to the 1.25 region. From here, we can take a long trade during the retrace. When the head and shoulder structure looks mature, we can look at taking a second short towards the 1.23 region ;)
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