GBPUSD is moving in a descending channel and recently took support from 1.29090 and now the INVERSE HEAD and SHOULDER pattern is in play. We will wait for fresh entry at BREAKOUT of the Inverse HEAD and SHOULDER pattern, a confluence of descending channel breakout.
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.