GBP/USD completes bearish head and shoulders pattern. Bears approach May’s support at 1.3140 as oversold signals strengthen. GBP/USD raised alarms over a negative trend reversal after its slide below the 1.3360–1.3400 region confirmed a bearish head and shoulders pattern and cemented a bearish crossover between the 20- and 50-day simple moving averages (SMAs). With the […]The post GBP/USD confirms Bearish Trend Reversal appeared first on Action Forex.