Pattern: Inverted head & Shoulders
Confirmation: downtrend / yes. Reversal / yes. left shoulder right shoulder similar pull down / yes. Head of the dip lowest point / yes
Fundamentals : 12th AUG we have important GBP news. GDP reports come out and will have a big impact on the price strength of the £. A good report could possibly see this pair rocket up.
Confirmation: downtrend / yes. Reversal / yes. left shoulder right shoulder similar pull down / yes. Head of the dip lowest point / yes
Fundamentals : 12th AUG we have important GBP news. GDP reports come out and will have a big impact on the price strength of the £. A good report could possibly see this pair rocket up.