GBP/USD - head and shoulders, neckline broke - pullback near

Hi all,

GBP/USD could be on a SHORT - here we have a overall downtrend (below 50EMA) and a head and shoulders pattern which has a
broken neckline and a pullback heading towards a key area (grey box).

Positions to consider taking a trade would be in the key area of the grey box or for a more conservative entry would be a touch of the EMA.

** this is not financial advice, this is for educational purposes only, all feedback is welcomed **

Good luck and trade safe

L