Currently we are at 1.6057 and there are two scenarios:
- This is a continuation break to finish the triple bottom at 1.6002 or
- it is really a head and shoulder pattern and we will bounce to the 0.618 Fibo at 1.6141. The average daily trading range (ATR) is 103 pips.GBP/USD" title="GBPUSD" width="1682" height="968">