GBPUSD has been channeling towards the upside since October and seems to have broken the trend line that is has been respecting for more than 2 months. I have also observed a H&S pattern at the highs of this channel which is an indicator of a potential reversal. With the dollar recently gaining strength I am expecting GBPUSD to make a big move down. Looking to take an entry once it retests the next major order block.
Chart PatternsTechnical IndicatorsTrend Analysis

כתב ויתור