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GBPUSD: Classic Bullish Pattern

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
linofx1  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Supply and Demand Head and Shoulders
3
0
supportandresistance supplyanddemand headandshoulders
The GBPUSD chart showed a significant head and shoulders pattern on a 4-hour time frame.

The neckline was broken by an intraday candle.

The pair is expected to continue rising, with a target of 1.2573.
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