GBP/USD
Hello everyone,
A good opportunity has been detected on the GBP/USD pair.
After strong upward movement on the GBP/USD, the price
formed a Head & Shoulders pattern, where price has just broken
the neckline.
We are expecting the price to reach approximately the 1.2390
price level, where we have a 50.0% Fibonacci retracement level,
as well as the target of the pattern.
A good opportunity has been detected on the GBP/USD pair.
After strong upward movement on the GBP/USD, the price
formed a Head & Shoulders pattern, where price has just broken
the neckline.
We are expecting the price to reach approximately the 1.2390
price level, where we have a 50.0% Fibonacci retracement level,
as well as the target of the pattern.
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.