Long Setup:
GBPUSD is likely to form two bullish patterns
1. Bullish Flag Pattern
2. Inverse Head & Shoulder Pattern
So possibly it can break the flag on upside
and then after completion of H&S the extended target will be 1.44
GBPUSD is likely to form two bullish patterns
1. Bullish Flag Pattern
2. Inverse Head & Shoulder Pattern
So possibly it can break the flag on upside
and then after completion of H&S the extended target will be 1.44
Note
Flag pattern breakdown. now in bearish momentum
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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.