GBP/USD – Inverse H&S failure
Comments – On the 4-hour chart, we see inverse head and shoulder failure, followed by a retreat to 1.2535 levels. Still, a potential for a revisit to neckline hurdle seen today at 1.2670 remain intact following the Friday’s bullish daily close.
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.