GBPUSD SHS pattern projects a 3% fall
The GBP/USD pair is about to trigger a head and shoulders pattern on the daily chart, after rejecting the 50% Fib level of the April '18 - December '18 impulse move.
The pattern projects a fall of around 450 pips (around 3%), which aligns with the December 2018 low of 1.2500.
Bear in mind that upcoming Brexit developments may increase volatility and intraday noise in the pair.
The pattern projects a fall of around 450 pips (around 3%), which aligns with the December 2018 low of 1.2500.
Bear in mind that upcoming Brexit developments may increase volatility and intraday noise in the pair.
Transaction en cours
Trade well in profit and TP1 reachedTrade fermée: cible de profit atteinte
Trade closed 240 pips in plus
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