Professional Daily Trade Idea

A beautiful Head & Shoulder is forming on GBPUSD Daily chart and the neckline has just been broken.Perhaps it is the start of the down move towards the 1.48 target which is the target of flag pattern as well.

A potential AB=CD pattern is forming on GBP/USD on the Hourly chart. The pattern is expected to complete around the price range between 1.5123 and 1.5115. The 127.2% retracement of the the BC leg is at 1.5123 and AB=BC projection is at 1.5115.

AB=CD pattern that’s already mentioned at completed and trend’s begun to reverse from PRZ as illustrated :

Great analysis

Thank you very much for sharing these graph and details. It is very useful to me as a forex beginner.