British Pound / U.S. Dollar
Long
Updated

$GBPUSD - Inverted head and shoulders and Double bottom

94
Hi guys! 👋🏻

🔔 Inverted head and shoulders spotted on GBP/USD. The first resistance would be a neckline at $1.38600.

🔔 The second resistance is based on the confirmation of the Double bottom at $1.39880, and the final is the target of the double bottom pattern and February 25th high at $1.41740

✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Note
TP 1 and 2
Trade closed: target reached
All 3 targets reached!

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.