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GBPUSD – looking to re-test Inv. H&S neckline now

FX:GBPUSD   British Pound/U.S. Dollar
91 0 1
Resistance – 1.4392, 1.4436, 1.45

Support – 1.4350, 1.43, 1.4252

GBP traded weak as expected in Europe, but bears failed to keep it below 1.4320, with prices now breaking higher from triangle formation on a 5- minute chart.

A re-test of inverse head and shoulder neckline at 1.4392 appears likely. A violation there would expose 1.4438 levels.

On the lower side, only a break below 1.4320 would signal intraday bullish invalidation.
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