GBPUSD H4 BULLISH SETUP, 20 MARCH 2022

Technical analysis indicates that the pair is currently forming an inverse head and shoulder which could be a possible bullish signal for bulls as this could be a reversal pattern. A break of the neckline to the upside can possibly offer an opportunity to go long. If a reversal occurs then we possibly see this pair trend to the upside. I will look to enter a long position on the lower time frames.