British Pound / U.S. Dollar

Short

Updated

GBPUSD Head and Shoulders Pattern Breakout

We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis

Trade closed: stop reached

Note

Pair still moving in intended direction 1 week later

Note

Pair is still down 1 month after the signal

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