AEB.NL

Possible Short.. Head and Shoulders??

FX:GBPUSD   Pound Sterling/U.S. Dollar
This pair has break out of the rising channel on the 7th of july.. when it breaks back in to the channel it could go higher, but it could possible end up in a head and shoulders pattern and find support round the 1.54 level.. when that level is broken more downside potential.

So... maybe long from 1.5650 to 1.5780 or short till 1.5400 and if that level breaks > 1.5020 PT. but at the moment: neutral.

Anyone suggestions?

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