GBP USD Head and shoulders

On the daily we hit the daily supply of orders to short. This morning we saw an impulse and rejection wick.
The daily has formed a big rejection wick.

Looking to the downside
Swing trade target 1 = 1.22
Target long term will look to be 1.15.. however short term target [ supply is strong and will have a retest zone around 1.246 we can see however, GBP is overall weak.

For this have a wider stop and will extend to 1.2520

Good luck and enjoy the swing on this one.

Thanks Lupa.

Orden cancelada