TheSignalyst

GBPUSD - Potential Bullish Reversal!

FX:GBPUSD   British Pound / U.S. Dollar
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

GBPUSD is sitting around a strong support in blue so we will be looking for buy setups.

on M30: GBPUSD formed an inverse head and shoulders but it is not ready to go yet.

Trigger => Waiting for a momentum candle close above the gray neckline to buy.

Meanwhile, until the buy is activated, GBPUSD would be overall bearish can still trade lower inside the blue support zone .

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
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