Gbp/Usd Bullish Trend Reversal ( Medium Risk )

80
Gbp/Usd Is On An Overall Uptrend But For The Past 10 Days We Have Been In A Bearish Channel.


1.24300 Seems To Be The Support Of An Inwards Head & Shoulders In The 4H/1D For Bullish momentum.

We Are Either At A Pullback Area Or A Push On Through To The Bottom Of The Channel. ( Be Cautious )

Push Through Support Would Make And Invalid Trade, A Rejection At Demand Would push Me Towards Buys..

Be Safe

HK

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.