Massive H&S, Shorting GBPUSD

Updated
It seems like we have a valid H&S pattern amidst massive MACD divergence,
If H&S fires, we can expect a huge drop all the way towards 1.25
We might see some limited support at 1.29, after that it's pretty much clear.

Stops above 1.3145 target set at 1.2550

GBPUSD
Trade closed: stop reached
Chart PatternsGBPUSDTrend Analysis

Disclaimer