Gbp sold of from 1.32600 and broke higher low. Trend changing for a retracement. Head and shoulders pattern on 4hr. Gbp overbought. USD news was green today which led to bearish movement. Now retesting the neckline of head and shoulders for a rejection and continuation to the downside. First target 1.31000
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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.