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AlbionTrader

GBPUSD will break the neckline?

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
AlbionTrader  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD cable Head and Shoulders neckline Support and Resistance albiontrader
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0
gbpusd cable headandshoulders neckline supportandresistance albiontrader
GBP on a neckline of a Head and Shoulders formation on the 2-hour chart, just as some volatility is expected for some news coming out that might shake the market.

Indicators seem to show divergence but CAUTION is mandatory now.
If it breaks low keep in mind the soft resistance at 1.2338

Watch closely!
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