FX.co ★ GBP/USD
Trader Journals:::
GBP/USD
Yesterday's trading day and the high close are further evidence that the pair has turned bullish. At the bottom, a head and shoulders pattern can be considered as a bullish reversal model. The neckline resistance line at the level of 1.3480 is far behind. I assume that the resistance has now turned into support, and I do not rule out a test from above and a subsequent rebound. However, for now, it is more realistic to see further upside continuation above 1.3600.