VEX1_

GBP/USD ANALYSIS ON 4H TIMEFRAME...

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD has just bounced off a strong downtrend line and is willing to rally all the way up to a minor resistance or major resistance way up, aside bouncing off a major trend line, it has also formed INVERTED HEAD AND SHOULDER right at the bottom. taking the confluence into consideration, i see GBP/USD rallying up 200-400 pips if there is no negative fundamental/news.

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