GBPUSD – Inverse Head and Shoulders on D1British Pound/US DollarFX:GBPUSDborschenkovitcOn the daily chart of GBPUSD, we can clearly see a large inverse Head and Shoulders pattern forming. Neckline is located at 1.3600 – this is not just a random level, but exactly the starting point of the last impulse of the previous downtrend. According to Fractal Reversal Law (FRL), this neckline is the key level: once price breaks and consolidates above it, the market shifts into a new phase. Yes, the right shoulder turned out a bit extended, but that does not change the essence of the setup – the pattern reflects accumulation and the readiness for a new upward impulse. Targets after confirmation above 1.3600: • First target: 1.3800 • Second target: 1.4000 This setup perfectly illustrates the logic of FRL: every trend ends with a reversal figure, and the break of the neckline – the start of the last impulse – marks the true beginning of the next move.