GBPUSD faced valid resistance of 1.24526 on 4 hours chart you will see that it's making double double on exact same levels previously and it's a supply zone if seen on daily basis.
Further formation of head and shoulder pattern confirm that GBPUSD has entered into bearish mode and short calls can be taken .
Further formation of head and shoulder pattern confirm that GBPUSD has entered into bearish mode and short calls can be taken .
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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.