GBPUSD Long Opportunity
Price has broken trendline to the upside.
Head and Shoulders on the Daily timeframe suggests a price reversal to the upside.
Stochastic RSI on the midterm timeframes suggests price could be moving to the upside this week.
If price continues down and breaks 4 hour support, this trade will be invalidated and will look for Sells to 1.22430
Head and Shoulders on the Daily timeframe suggests a price reversal to the upside.
Stochastic RSI on the midterm timeframes suggests price could be moving to the upside this week.
If price continues down and breaks 4 hour support, this trade will be invalidated and will look for Sells to 1.22430
Order cancelled
I've decided to cancel this trade idea after further analysis of USD. I will reassess and publish a new idea. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.