GBPUSD Head & Shoulders
H&S Pattern forming on GBPUSD and some other GBPXXX pairs.
GBPJPY at lower end of channel within a channel - pending a break on this channel GBP pairs should be short including GBPUSD.
DXY showing movement towards the 'right' shoulder thus providing extra confirmation of short term bull power on USD.
Aggressive Style - enter on shoulder completion.
Conservative style - wait for neckline break or shoulder rejection.
GBPJPY at lower end of channel within a channel - pending a break on this channel GBP pairs should be short including GBPUSD.
DXY showing movement towards the 'right' shoulder thus providing extra confirmation of short term bull power on USD.
Aggressive Style - enter on shoulder completion.
Conservative style - wait for neckline break or shoulder rejection.