GBPUSD playing with emotions but looks like it's going up

Inv Head and Shoulders formed on GBPUSD and the price is breaking above the neckline.
This means we can expect the GBP to strengthen against the greenback.
This came to a surprise as the price broke below an M Formation.
7>21> 200
RSI>50
Target 1.2598

We need to watch out for the sideways resistance at 1.2429. It seems to be forming a somewhat Box Formation, with confusion in the trend.
This is definitely a medium to low probability trade with too many factors showing a sideways move which can fakeout and shakeout different directions.

The main reason I am long biased is because the price tested the 200MA, showed a strong level of liquidity and is protecting the bulls.