GBPUSD revisit of 1.4400
Higher timeframe structure shows price now attempting to trade in an ascending manner as we break our long term descending Trend line. having broken this Trend line and forming a discreet higher structure, we can see that price has a support level in which it can come back too for the higher low as opposed to a Trend line retest!
This higher low structure would in turn form the right shoulder structure of our Inverted Head and Shoulders pattern!
The team does have some intraday set ups in place to catch the potential short to the 61.8% Fibonacci level before the swing can come into place where we take advantage of the market alongside the smaller positions we can stack on each minor impulsive pullback!
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