GBPUSD: Classic Bullish Pattern Long

British Pound/U.S. DollarFXCM

Description

⋅ Apr 25, 2024 6:38 AM

The GBPUSD chart showed a significant head and shoulders pattern on a 4-hour time frame.

The neckline was broken by an intraday candle.

The pair is expected to continue rising, with a target of 1.2573.