GBPUSD POTENTIAL SELL
Updated
Nice Head & Shoulders forming.
Bearish confirmation could send price to
1.42670, then to 1.40688 completing the
head & shoulders formation.
Long term bearish target could be
around the 1.38500 mark.
Additional confirmation is that price
is currently on a downtrend on the larger
time frames.
Bearish confirmation could send price to
1.42670, then to 1.40688 completing the
head & shoulders formation.
Long term bearish target could be
around the 1.38500 mark.
Additional confirmation is that price
is currently on a downtrend on the larger
time frames.
Trade closed: target reached
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.