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Head and Shoulders
was formed on 05.12 at 02:30:34 (UTC+0)
signal strength 3 of 5

Head and Shoulders GBPUSD M30

The GBPUSD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.2720, the Neckline and the upward angle are at 1.2660/1.2686. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GBPUSD will go towards 1.2656.

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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