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GBPUSD Buy zone outlook, Trend reversal pattern (Read captions)
GBPUSD Price Forecast 🚀
GBPUSD
GBPUSD has broken out of the downtrend and formed an inverted head & shoulders pattern. Buying volume is on the rise, and a 200 EMA & 50 EMA golden crossover indicates a strong buying zone. After breaking and retesting resistance, it’s primed for a bullish move.
Trade Setup:
Entry: 1.3020
Target 1: 1.3060
Target 2: 1.3170
Stop Loss: 1.2980
GBPUSD GBPUSD has broken out of the downtrend and formed an inverted head & shoulders pattern. Buying volume is on the rise, and a 200 EMA & 50 EMA golden crossover indicates a strong buying zone. After breaking and retesting resistance, it’s primed for a bullish move.
Trade Setup:
Entry: 1.3020
Target 1: 1.3060
Target 2: 1.3170
Stop Loss: 1.2980
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