Interesting moves today, Completion of the head and shoulders on the 1hr TF. Price has not test resistance multiple x and failed.
IF you execute this trade place your SL carefully and wait for price action to its part. Potential Target 100pips (Safe target).
Medium Term View:
Bearish leaning against the 1.3500/1.3600 resistance region. A break below 1.3020 opens up a move lower
towards the 1.2000 support.
Short Term View:
GBPUSD is edging into a band of resistance 1.3350/1.3450 that needs to stall GBPUSD’s advance for our bearish “abc” set-up to remain valid. Rejection from this region combined with a decline...