GBP/USD technical analysis shows that a bearish head and shoulders pattern may be forming. Traders are carefully watching the monthly pivot point, around the 1.2330 level.
* This article was originally published here
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"𝗪𝗵𝗲𝗻 𝘆𝗼𝘂'𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝗴𝗶𝘃𝗲 𝘂𝗽, 𝗶𝘁'𝘀 𝗬𝗢𝗨𝗥 𝗱𝗶𝘀𝗰𝗶𝗽𝗹𝗶𝗻𝗲 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝘀𝗲𝗲 𝘆𝗼𝘂 𝘁...
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"𝗪𝗵𝗲𝗻 𝘆𝗼𝘂'𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝗴𝗶𝘃𝗲 𝘂𝗽, 𝗶𝘁'𝘀 𝗬𝗢𝗨𝗥 𝗱𝗶𝘀𝗰𝗶𝗽𝗹𝗶𝗻𝗲 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝘀𝗲𝗲 𝘆𝗼𝘂 𝘁...
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"𝗪𝗵𝗲𝗻 𝘆𝗼𝘂'𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝗴𝗶𝘃𝗲 𝘂𝗽, 𝗶𝘁'𝘀 𝗬𝗢𝗨𝗥 𝗱𝗶𝘀𝗰𝗶𝗽𝗹𝗶𝗻𝗲 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝘀𝗲𝗲 𝘆𝗼𝘂 𝘁...
