@isabella7254 on GBPUSD | PriceONN Community

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isabella7254 PRO newbie

GBPUSD Feb 14

Anyone else concerned about a potential head and shoulders forming on the D1 chart for GBPUSD? Seems a bit bearish to me.

GBPUSD

Replies (3)

yogaGrace PRO newbie Feb 14

@isabella7254 A head and shoulders pattern? I'm not sure I see it tbh, but I'm still new to this. Where exactly do you see the neckline forming? If it breaks below that, it could definitely signal a bigger move down. I've been trying to learn more about chart patterns, so any pointers would be great! Maybe I'm just too optimistic about the pound lol. I'll have another look at the D1 chart. Thnk you!