The pound seems to have completed a head and shoulder pattern below the H4 supply level.
Now a pullback to the broken trend line or neckline and fall to the H4 demand level is likely.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
Now a pullback to the broken trend line or neckline and fall to the H4 demand level is likely.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
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Related publications
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.