GBPUSD has broken down through the neckline of a head and shoulders pattern developed since mid-April. This would indicate a substantial decline ahead, and a strengthening of
DXY
. This is similar to the head and shoulders pattern seen in EURUSD. (See my related idea on EURUSD).
NOT INVESTMENT OR TRADING ADVICE.
DXY
. This is similar to the head and shoulders pattern seen in EURUSD. (See my related idea on EURUSD). NOT INVESTMENT OR TRADING ADVICE.
