GBP/USD has been in an uptrend for a long period of time, and it has managed to break the 1.40 level.
However the price failed to break the 1.41 price level and has rejected it potentially indicating a reversal.
Adding on to the confluence I see a Head and shoulders pattern that has successfully formed which also suggests a potential reversal to happen.
However the price failed to break the 1.41 price level and has rejected it potentially indicating a reversal.
Adding on to the confluence I see a Head and shoulders pattern that has successfully formed which also suggests a potential reversal to happen.