Forex GBP/USD Daily Video, June 01, 2021

WaveRider

Master Sergeant
Messages
350
Hi Sive, in this video, you talk about the head and shoulders on the GBPUSD. Price had dropped quite a bit. When is this pattern made invalid? Thanks in advance.


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Sive Morten

Special Consultant to the FPA
Messages
15,051
Hi Sive, in this video, you talk about the head and shoulders on the GBPUSD. Price had dropped quite a bit. When is this pattern made invalid? Thanks in advance.
Well, indeed, it seems that short-term context for entry has failed as market turns to deeper pullback. But longer-term background is valid. It needs to keep an eye on deeper support levels right now.
 
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