GBP/USD – Inverted Head and Shoulders PatternBritish Pound/US DollarFX:GBPUSDHenrybillionGBP/USD – Inverted Head and Shoulders Pattern Signals Possible Bullish Reversal The GBP/USD pair on the H1 chart is forming a clear inverted head and shoulders structure, with the neckline resistance sitting near 1.3200. After testing the support zone around 1.3120–1.3130, price is showing early signs of a rebound, suggesting that buyers are slowly stepping back in. If the neckline breaks with volume confirmation, the next bullish target could be the 1.3250–1.3280 range. Conversely, failure to hold above 1.3120 may invalidate the pattern and expose the pair to a deeper pullback toward 1.3070. Key levels to watch: Support: 1.3120 – 1.3070 Resistance: 1.3200 – 1.3250 Trading strategy: Traders may consider waiting for a confirmed breakout above 1.3200 for potential long setups, targeting the next resistance area, while maintaining a tight stop below 1.3120 to manage risk effectively. Follow for more daily GBP/USD trading strategies and price behavior insights.