GBPUSD: Bearish Continuation

23 Okt 2019

hey traders,

those who missed short from higher structure levels on GBPUSD
still, have an opportunity to catch a selling wave.

on 1H chart we see a formation of a head and shoulders pattern,
and the market has already broken below the neckline.

taking into account high accuracy of this pattern,
I expect to see bearish continuation to lower levels of structure.

Target levels are 1.28 and 1.27