Iamwalter

GBP/USD Multi-Timeframe Analysis

Long
FX:GBPUSD   Livre sterling / Dollar américain
As you can see GBP/USD is having a clearly bullish trend on the Daily timeframe, and on the 4 hours chart we can see a head and shoulder in play, almost completed. Potential long on the table with the overall target of 1.35000.
We need to keep in mind that the dollar is starting to re-bounce and gaining strenght, I will keep you all updated on this, Just need to wait the first daily candle closure to predict any movement on this or a change in the trend.
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