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FX.co ★ GBPUSD H1: Head and Shoulders

GBPUSD H1: Head and Shoulders

Head and ShouldersThe Head and Shoulders pattern has formed on the GBPUSD H1 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 1.3399/1.3416 may confirm the bearish reversal.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph