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According to H1, GBPUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.2937/1.2931 is broken out, the instrument is likely to move toward 1.2971. FX.co ★ GBPUSD H1: Inverse Head and Shoulder
Signal strength 4 of 5
GBPUSD H1: Inverse Head and Shoulder
According to H1, GBPUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.2937/1.2931 is broken out, the instrument is likely to move toward 1.2971. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade