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GBPUSD may have the opportunity to form a head and shoulders pat

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
XTrendSpeed  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
2
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trendanalysis chartpattern
From the 4-hour chart, GBPUSD fell back from high volatility, and the short-term market formed a potential head-and-shoulders pattern. At present, we can pay attention to the support around 1.235. If it falls below, it is expected to open up the downside space. The downside target is around 1.220.
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