drhelmut
Long

Possible Inverted Head and Shoulders on cable(GBPUSD)

FX:GBPUSD   British Pound/U.S. Dollar
The last session closed like this, it's very close to the neckline of that potential inversed H&S , if completed the price should recover from the flash crash, target 1 touching the yellow line around 1.262-1.263 target 2 touching the red line and the flat kumo arount 1.267, once it'll be hit, we could see the bear trend resuming.

Could expect a gap up at the opening, I don't believe yet in a longer bullish trend .
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