Reverse head and shoulders looks to be forming on the HOUR 4 chart along with the bounce off the daily uptrend. I'll also add that the U.S. Dollar did break the triangle formation to the upside inducing buyers and tomorrow's news events will be the short on DXY.
So I am currently basing my analysis more probable only if this reverse head and shoulders forms on GBUUSD...we will see :)
So I am currently basing my analysis more probable only if this reverse head and shoulders forms on GBUUSD...we will see :)