FX:GBPUSD   British Pound / U.S. Dollar
Currently on the daily chart we can already see a clear h & s formation showing, as well as another h & S forming on the 4h time frame. this indicates to me there is a chance its trying for momentum upwards. I can see rejection already at the neckline of the 4h h & s and will enter this trade once there is a breakout of my support box or if a retest of the same area fails

Im expecting it to reach march 2022 highs and then retrace from there
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.