GBP Forming Head & Shoulders - Possible Bearish Scenario AheadBritish Pound/US DollarFX:GBPUSDMat_ForexHello traders! As you can see, price has formed a Head and Shoulders pattern on the daily chart. If it breaks below the current support/demand area, it could move lower toward the 1.32000 – 1.33000 zone. We’ll be watching closely to see what it does in the coming weeks.