Continuing the Pound pairs popping this week, GBPUSD also showing signs of life.
Appears to have made a bottoming pattern at a major support level as seen on the daily chart.
I do like the break above the neckline. I would define this as a head and shoulders because it shows us the transition from one trend to another.
1.2450 zone for first targets.
Appears to have made a bottoming pattern at a major support level as seen on the daily chart.
I do like the break above the neckline. I would define this as a head and shoulders because it shows us the transition from one trend to another.
1.2450 zone for first targets.