Bullish possibilities with GBP/USD

By kartier
In the picture above, we see price previously broke out of a bearish trend and has recently retested the breakout area. We can also see that price has rejected that area strongly. Note that after price rejected the breakout area we can see a possible inverted head and shoulder pattern (it'll be confirmed once price breaks above the neckline). I expect price to bullish.
Chart PatternsTrend Analysis

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