GBPUSD Breaking Resistace

GBPUSD is headed towards the 1.34$ level where a massive H&S Neckline is positioned. If GBPUSD breaks its second resistance at the neckline, it would lead the price close to 1.40$.

Trade geschlossen: Ziel wurde erreicht:

So, the target was reached with a little bit of struggle on the way but reached! Now if that level is broken we are going much higher, but let's see how it would develop from here.