GBPUSD - Potential Head & Shoulders

Monitor price action this level to see if we have any rejections - in particular on the 15 minute and 1 Hour time frame.

There could be a nice short position pending if we see a nice rejection from this level (equal to the left shoulder) targeting the -27% and 50ema.

Alternatively if we break above this structure, then wait for a retest to go Long.



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Chart PatternsForexforexsignalsforextradingGBPGBPUSDTechnical IndicatorstradingTrend Analysis

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