VasilyTrader

GBPUSD: Bullish Setup Explained 🇬🇧🇺🇸

Long
OANDA:GBPUSD   British Pound / U.S. Dollar

GBPUSD is trading in a bullish trend on a daily.
The price is taking off from a key support.

A head and shoulders pattern formation on 1H confirms the strength of the underlined structure.

I think that the pair will reach 1.222 / 1.2265 levels soon

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.